Carrizo Oil and Gas Announces Acquisition of Utica Acreage
Tags: Ohio, Utica Shale
Houston-based energy company, Carrizo Oil and Gas, Inc., announced its 2013 capital spending plan for land, seismic, and related activities. The plan includes the purchase of additional acreage in the southern Utica play. After the purchase, Carrizo will own approximately 14,000 acres predominantly located in Guernsey, Noble, and Tuscarawas Counties, Ohio. Carrizo is encouraged by recent drilling results and expects an increase in production.