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News Breaks
January 7, 2013
12:38 EDTCRZOCarrizo Oil & Gas receives investment from Chinese company, China Daily says
Private Chinese company Lanzhou Haimo Technologies has agreed to invest $27.5M in Carrizo Oil & Gas' (CRZO) energy assets in Colorado, according to China Daily. In return Lanzhou will receive as 14.29% stake in the assets, the publication added. Reference Link
News For CRZO From The Last 14 Days
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October 23, 2014
08:13 EDTCRZOCabot among Marcellus producers hardest hit by glut, WSJ says
The rapid growth of production from the Marcellus Shale has caused gas prices to drop and forced drillers to re-evaluate operations, with Cabot Oil and Gas (COG) among the hardest hit, said The Wall Street Journal. Other companies mentioned as being impacted and having responded in the report include Ultra Petroleum (UPL), Chesapeake Energy (CHK) and Carrizo Oil & Gas (CRZO). Reference Link
October 9, 2014
08:49 EDTCRZOCarrizo Oil & Gas sell-off creates buying opportunity, says Sterne Agee
After meeting with Carizo's management and following a 30% decline in the stock since June 30, Sterne Agee is comfortable that the company can hit its informal 26 mb/d target for 2015 oil production, assuming crude bottoms above $80 per barrel. The firm says that the company has attractive oil hedges and a strong balance sheet.

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