UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
(Rule 13d-102)
INFORMATION STATEMENT
PURSUANT TO RULES 13d-1 AND 13d-2
Under the Securities Exchange Act of 1934
(Amendment No. 1)**
CALLON PETROLEUM CO.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
13123X102
(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
** This Amendment No. 1 is Final and Terminating Amendment.
SCHEDULE 13G/A
CUSIP NO. 13123X102 Page 2 of 4 Pages
CALLON PETROLEUM CO.
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
NEW YORK LIFE INVESTMENT MANAGEMENT, LLC.
EIN # 52-2206685
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
NEW YORK, NY
NUMBER OF 5. SOLE VOTING POWER 0
SHARES
BENEFICIALLY 6. SHARED VOTING POWER 0
OWNED BY
EACH 7. SOLE DISPOSITIVE POWER 0
REPORTING
PERSON 8. SHARED DISPOSITIVE POWER 0
WITH
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 0
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0000%
12. TYPE OF REPORTING PERSON*
Qualified Institutional Investor
SCHEDULE 13G/A
CUSIP NO. 13123X102 Page 3 of 4 Pages
CALLON PETROLEUM CO.
Item 1(a) Name of Issuer: Callon Petroleum Co.
Item 1(b) Address of Issuer's principal executive offices:
200 North Canal Street
Natchez, MS 39120
Item 2(a) Name of person filing: New York Life Investment
Management, LLC.
Item 2(b) Address of principal business office:
51 Madison Avenue
New York, NY 10010
Item 2(c) Citizenship: See Item 4 of Cover Page
Item 2(d) Title of class of securities: See Cover Page
Item 2(e) Cusip No.: See Cover Page
Item 3 Type of Person: See Item 12 of Cover Page
Item 4(a) Amount beneficially owned: 0
Item 4(b) Percent of class: 0.0000%
Item 4(c) For information regarding voting and dispositive power with
respect to the above listed shares see items 5-8 of Cover
Page.
Item 5 Ownership of 5 percent or less of a class:
IF THIS STATEMENT IS BEING FILED TO REPORT THE FACT THAT
AS OF THE DATE HEREOF THE REPORTING PERSON HAS
CEASED TO BE THE BENEFICIAL OWNER OF MORE THAN FIVE
PERCENT OF THE CLASS SECURITIES, CHECK THE
FOLLOWING (X).
Item 6 Ownership of more than 5 percent on behalf of another person:
NOT APPLICABLE
SCHEDULE 13G/A
CUSIP NO. 13123X102 Page 4 of 4 Pages
CALLON PETROLEUM CO.
Item 7 Identification and classification of subsidiary which acquired the
security being reported on by the parent holding company:
NOT APPLICABLE
Item 8 Identification and classification of members of the group: NOT
APPLICABLE
Item 9 Notice of dissolution of the group: NOT APPLICABLE
Item 10 Certification:
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired and
are held in the ordinary course of business and were not acquired
and are not held for the purpose of or with the effect of changing
orinfluencing the control of the issuer of the securities and were
not acquired and are not held in connection with or as a participant
in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement
is true, complete, and correct.
Dated: February 14, 2008
/s/ William Cheng
-----------------------------
Name: William Cheng
Title: Vice President