Callon Petroleum Co. scheduled a special meeting of shareholders for Nov. 14 to vote on the proposed $3.2 billion merger with Carrizo Oil & Gas Inc.
Shareholders of record Oct. 7 will be entitled to vote their shares in person or by proxy, according to an Oct. 10 news release from Callon.
Paulson & Co. Inc., which holds about 9.5% of Callon stock, had said it would vote against the deal.
The transaction is expected to close during the fourth quarter.
Callon shareholders will own about 54% of the merged company, while Carrizo shareholders will own about 46% on a fully diluted basis.
Callon also announced the appointment of three new board members coming from Carrizo's board: Frances Aldrich Sevilla-Sacasa and Carrizo co-founders Sylvester Johnson IV and Steven Webster.
