Current crzo Stock Info

Carrizo places deal at $13,000 per net acre
Houston’s Carrizo Oil & Gas, Inc. (Nasdaq: CRZO) said Tuesday it will acquire Delaware Basin properties from Devon Energy Corporation (NYSE: DVN) for $215 million in cash.

Carrizo said it will fund the purchase with net proceeds from an equity offering. The underwritten public offering of 9,500,000 shares of common stock was priced at $23.00 per share. The total gross proceeds of the offering before underwriters’ discounts and commissions will be approximately $218.5 million, Carrizo said in a...


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