Q1 Brings Record Results for Carrizo Oil & Gas

- May 8th, 2012

Carrizo Oil & Gas Inc. (NASDAQ:CRZO) announced that its results for the first quarter of 2012 set new records for the company.

Carrizo Oil & Gas Inc. (NASDAQ:CRZO) announced that its results for the first quarter of 2012 set new records for the company.

According to the press release, highlights include:

  • Record Oil Production of 5,945 Bbls/d, an increase of 91% from the fourth quarter of 2011
  • Record Total Production of 13.9 Bcfe, or 152,358 Mcfe/d (equivalently 2.3 MMBOE, or 25,393 BOE/d), an increase of 16% from the fourth quarter of 2011
  • Record Revenue of $80.7 million, or adjusted revenue of $91.7 million, including the impact of realized hedges
  • Record Oil Revenue of $59.4 million, or 74% of total revenue

Click here to read the full Carrizo Oil & Gas Inc. (NASDAQ:CRZO) press release.

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