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Home > Company Index > Energy > Oil & Gas Exploration & Production > Carrizo Oil & Gas, Inc.

Carrizo Oil & Gas, Inc.
Nasdaq: CRZO
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 PROFILE
Carrizo Oil & Gas sees its future in 3-D. An independent exploration and production company that drills in proven onshore fields along the Gulf Coast of Texas and Louisiana, Carrizo aggressively acquires 3-D seismic data and arranges land lease options in conjunction with conducting seismic surveys. As part of a new strategy, the company is exploiting deeper, over-pressured targets, which generally require higher cost; to reduce its risk, it is selling some of the prospects. Carrizo operates nearly 70 producing oil and gas wells, about 37% of the companies in which it holds an interest. Its total proved reserves stand at 49.4 billion cu. ft. of natural gas equivalent. Chairman Steven Webster owns 13% of Carrizo.

 COMPETITION
Brigham Exploration Company (BEXP)
HS Resources, Inc. (HSE)
Newfield Exploration Company (NFX)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 26.80
1-Yr. Sales Growth: 162.7%
Employees: 35
Revenue per employee: $765,714.29

 KEY PEOPLE
• S. P. Johnson
    CEO

 CONTACT INFO
14811 St. Mary's Ln., Ste. 148
Houston, TX 77079
US
Phone: 281-496-1352
Fax: 281-496-1251

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