NEW YORK, Nov. 6, 2019 /PRNewswire/ -- Paulson & Co. Inc. ("Paulson"), as manager of funds holding 21.6 million shares, or 9.5% of those outstanding, of Callon Petroleum Company ("Callon" or the "Company") CPE, today voted its Callon shares against the proposed acquisition of Carrizo Oil & Gas Inc. ("Carrizo") CRZO. Paulson notes that Institutional Shareholder Services ("ISS") and Glass Lewis & Co. ("Glass Lewis") both recommend that Callon shareholders vote against the Company's proposed acquisition of Carrizo. Both proxy advisors provide valuable, independent perspectives to constituencies concerning proxy matters.