Carrizo Oil & Gas (CRZO) Tops Q2 EPS by 16c; Increases Production Outlook

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Carrizo Oil & Gas, Inc. Announces Second Quarter Results and Increases 2016 Production Guidance

August 4, 2016 6:31 AM EDT

HOUSTON, Aug. 04, 2016 (GLOBE NEWSWIRE) --  Carrizo Oil & Gas, Inc. (Nasdaq: CRZO) today announced the Companys financial results for the second quarter of 2016 and provided an operational update, which includes the following highlights:

 Oil Production of 23,942 Bbls/d, 7% above the second quarter of 2015

Total Production of 41,533 Boe/d, 15% above the second quarter of 2015

Loss From Continuing Operations of $262.1 million, or $4.46 per diluted share, and Adjusted Net Income of $17.1 million, or $0.29 per diluted share

Adjusted EBITDA of $97.6 million

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