Saturday, November 23, 2024

Carrizo Oil & Gas Expects Production Near 60 MBOEPD in 2018

Eagle Ford, Delaware drilling and completions are moving the needle Carrizo Oil & Gas, Inc. (ticker: CRZO) had a net income of $14.7 million, or $0.18 per share in Q1 2018. The company went above the high-end of its guidance range, producing 51,257 BOEPD in the quarter. Carrizo said that the increased production was due to its recent A&D activity.

Carrizo Oil & Gas Appoints New Board Member

Carrizo Oil & Gas, Inc. (ticker: CRZO) has appointed Frances Aldrich Sevilla-Sacasa, age 62, to its board of directors. Her immediate appointment increases the size of the Carrizo board to eight. Photo: Americas Society / Council of the Americas Aldrich Sevilla-Sacasa is a private investor and was CEO of Banco Itaú International, Miami, Florida, from April 2012 to December 2016.

Carrizo Divests a Portion of Eagle Ford Acreage

Carrizo Oil & Gas, Inc. (ticker: CRZO) announced today that it entered into an agreement to divest a portion of its assets in the Eagle Ford shale for $245 million in cash. The divested assets include approximately 24,500 net acres, located primarily in the downdip area of the volatile oil window, and had associated net production during the third quarter

Carrizo Oil & Gas Builds the Eagle Ford, Pursues New Potential in Delaware Acquisition

Carrizo Oil & Gas (ticker: CRZO) sports over 160,000 net acres across the Eagle Ford, Delaware basin, and Niobrara—with an inventory of over 2,000 net horizontal drilling locations. The company also has non-core assets in the Marcellus and Utica formations. The majority of the company’s acreage is in the Eagle Ford at approximately 103,300 net acres with over 1,200 net

Energy Finance - Oil & Gas 360

Energy Finance: The Right Tool at the Right Time

Oil & Gas Companies are Finding Ways to Meet Capital Requirements in a Down Market Energy Finance: with oil prices still searching for a bottom, energy companies have been in search of ways to lighten burdens through good financial decisions. The ubiquity of capital needs and consequent debt associated with the oil and gas sector necessitates that many companies use