Carrizo Oil & Gas (CRZO) Tops Q1 EPS by 11c

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Carrizo Oil & Gas, Inc. Announces First Quarter Results and Raises 2015 Crude Oil Production Growth Target to 18%

May 6, 2015 6:30 AM EDT

HOUSTON, May 6, 2015 (GLOBE NEWSWIRE) -- Carrizo Oil & Gas, Inc. (Nasdaq: CRZO) today announced the Company's financial results for the first quarter of 2015 and provided an operational update, which included the following highlights:

Oil Production of 21,373 Bbls/d, 42% above the first quarter of 2014 Total Production of 34,595 Boe/d, 30% above the first quarter of 2014 Loss From Continuing Operations of $21.5 million, or ($0.46) per diluted share, and Adjusted Net Income (as defined below) of $6.4 million, or $0.14 per diluted share Adjusted EBITDA (as defined below) of... More