Post Tagged with: "Carrizo"

ISS flips and supports sweetened Callon-Carrizo deal

ISS flips and supports sweetened Callon-Carrizo deal

Houston Chronicle


An influential proxy advisory firm said Wednesday it now supports the merger of Houston oil producers Callon Petroleum and Carrizo Oil & Gas after the deal was sweetened for hesitant Callon shareholders.

Callon plans to acquire Carrizo in …

Source: Reuters/Nick Oxford

Callon Petroleum slashes Carrizo bid, hoping to save shale merger

Reuters


U.S. shale producer Callon Petroleum (CPE.N) on Thursday sharply cut its offer for rival Carrizo Oil & Gas (CRZO.O) postponed a shareholder vote in a last ditch effort to win support for the deal.

The …

November 14, 2019 - 10:00 am Closing Bell Story‎, Energy News, Oil and Gas 360 Articles
Source: Houston Chronicle

Callon makes case for Carrizo merger amid shareholder opposition

Source: Houston Chronicle


Houston oil and gas producer Callon Petroleum is going on the offensive to sell its shareholders on its proposed acquisition of Carrizo Oil & Gas after one of Callon’s top shareholders came out against the deal.

While …

September 26, 2019 - 11:45 am Closing Bell Story‎, Energy News, Mergers & Acquisitions
Carrizo Oil Weighs Deal With Rival Explorer SM Energy

Carrizo Oil Weighs Deal With Rival Explorer SM Energy

From Bloomberg

Carrizo Oil & Gas Inc. is weighing a tie-up with U.S. energy explorer SM Energy Co., according to people familiar with the matter.

Carrizo has held early-stage discussions with SM about a potential combination, the people said, asking …

Carrizo Avoids Delaware Differentials with Pivot to Eagle Ford

Carrizo Avoids Delaware Differentials with Pivot to Eagle Ford

Planning frac holiday in November and December
Carrizo Oil & Gas (ticker: CRZO) announced third quarter results today, showing net earnings of $76.1 million, or $0.85 per share.

Carrizo produced 64.6 MBOEPD this quarter, up 17% from 2017 and above

Carrizo Snags Delaware Basin Acreage from Devon in $215 Million Cash Bolt-On

Carrizo Snags Delaware Basin Acreage from Devon in $215 Million Cash Bolt-On

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 …

Carrizo Oil & Gas Expects Production Near 60 MBOEPD in 2018

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 …

Carrizo Responds to Kimmeridge 13D Filing

Carrizo Responds to Kimmeridge 13D Filing

Carrizo Oil & Gas Responds to Kimmeridge 13D Filing

April 6, 2018 - 8:00 am Closing Bell Story‎, Press Releases
Carrizo Oil & Gas Appoints New Board Member

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…

EP Energy is Buyer of Carrizo Assets, Divests Altamont Acreage

EP Energy is Buyer of Carrizo Assets, Divests Altamont Acreage

On December 12, Carrizo Oil & Gas, Inc. (ticker: CRZO) announced that it would sell a portion of its Eagle Ford acreage to an undisclosed buyer. Today, EP Energy Corporation (ticker: EPE) disclosed that it was the buyer, acquiring certain …

Carrizo Divests a Portion of Eagle Ford Acreage

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, …

Carrizo Oil and Gas Purchases 16,500 acres in the Delaware Basin; Announces $5.6 Million Net Income for Q3 2017

Carrizo Oil and Gas Purchases 16,500 acres in the Delaware Basin; Announces $5.6 Million Net Income for Q3 2017

On November 7, 2017 Carrizo Oil and Gas, Inc. (ticker: CRZO) announced the company’s financial results for Q3 and provided an update on current operations. Carrizo reported third quarter of 2017 net income attributable to common shareholders of $5.6 million, …

November 10, 2017 - 3:50 pm Closing Bell Story‎, Earnings, Oil and Gas 360 Articles
Carrizo Oil & Gas Discusses Operations After Harvey, Updates Hedging

Carrizo Oil & Gas Discusses Operations After Harvey, Updates Hedging

Eagle Ford and Permian producer Carrizo Oil & Gas, Inc. (ticker: CRZO) reiterated that its operations in the Eagle Ford shale sustained no damage as a result of Hurricane Harvey, and drilling and completion operations returned to normal within a …