CARRIZO OIL & GAS, INC. (NASDAQ:CRZO) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition.
a press release announcing its financial and operating results
for the quarter and year ended December 31, 2016. A copy of the
press release is furnished as Exhibit 99.1 to this report and
incorporated by reference herein.
accompanying exhibit will be deemed filed for purposes of Section
18 of the Securities Exchange Act of 1934, as amended, nor will
it be incorporated by reference into any registration statement
filed by the Company under the Securities Act of 1933, as
amended, unless specifically identified therein as being
incorporated therein by reference. The furnishing of the
information in this Item 2.02 and the accompanying exhibit is not
intended to, and does not, constitute a determination or
admission by the Company, that the information in this Item 2.02
and the accompanying exhibit is material or complete, or that
investors should consider this information before making an
investment decision with respect to any security of the Company.
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Exhibit
Number
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Description
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99.1
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Press Release dated February 23, 2017 announcing
financial results for the fourth quarter and year-end 2016. |
About CARRIZO OIL & GAS, INC. (NASDAQ:CRZO)
Carrizo Oil & Gas, Inc. is an energy company. The Company is engaged in the exploration, development and production of oil and gas from resource plays located in the United States. Its operations are focused in proven, producing oil and gas plays in the Eagle Ford Shale in South Texas, the Delaware Basin in West Texas, the Utica Shale in Ohio, the Niobrara Formation in Colorado, and the Marcellus Shale in Pennsylvania. The Company has a total production of over 13.4 million barrels of oil equivalent (MMBoe) per year. The Company’s proved reserves of over 170.6 MMBoe are over 64% crude oil, 12% natural gas liquids (NGLs) and 24% natural gas. It operates over 90% of the wells in Eagle Ford in which it holds an interest. It holds an average interest of over 88% in these operated wells. It owns leases covering approximately 291,610 gross (165,470 net) acres in the Eagle Ford, Niobrara, Utica and the Delaware Basin areas. It operates over 70 gross wells drilled in the Eagle Ford. CARRIZO OIL & GAS, INC. (NASDAQ:CRZO) Recent Trading Information
CARRIZO OIL & GAS, INC. (NASDAQ:CRZO) closed its last trading session down -0.17 at 33.07 with 1,584,331 shares trading hands.
