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Carrizo Boasts Big Niobrara Wells in Q2 2013

Carrizo provided the following update to it's niobrara operations in its 2Q13 update.
In the Niobrara Formation, Carrizo drilled 13 gross (4.3 net) operated wells during the second quarter, and completed 10 gross (3.3 net) wells. Crude oil production from the Niobrara more than doubled in the second quarter, to more than 1,600 Bbls/d from approximately 800 Bbls/d in the first quarter. Carrizo is operating two rigs in the Niobrara and currently expects to drill 44 gross (17 net) operated wells during the year.
Recent highlights from the Niobrara include a pair of wells that were brought online in July. The Bringelson 3-20-11-9-58 reached a peak 24-hour gross production rate of 1,018 Bbls/d of oil and 576 Mcf/d of gas (1,114 Boe/d). The well was drilled with a 4,127 ft. lateral and…
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