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Carrizo Drills First Operated Delaware Basin Well; Eagle Ford, Niobrara
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Carrizo Oil & Gas, Inc. announced the Company's financial results for the second quarter of 2015 and provided an operational update.
Highlights: Record Oil Production of 22,284 Bbls/d, 21% above the second quarter of 2014 Total Production of 36,118 Boe/d, 8% above the second quarter of 2014 Loss From Continuing Operations of $47.0 million, or ($0.92) per diluted share, and Adjusted Net Income (as defined below) of $20.4 million, or $0.39 per diluted share Adjusted EBITDA (as defined below) of $127.5 million Raising 2015 crude oil production growth target to 19%S.P. "Chip" Johnson, IV, Carrizo's President and CEO, commented on the results, "The second quarter provided another challenging environment for our industry given depressed commodity prices combined with significant rainfall and…
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