Carrizo Oil (CRZO) and Gas is a small-to-mid cap Exploration and Production (E&P) company in premier oil locations in the lower 48 United States. You might remember them as natural gas producers, but they began making a major shift to oil in 2010. The company's remaining natural gas operations are in some of the best areas: the Marcellus and some of the better Barnett acreage in North Texas. Their oil properties are in the Niobrara of Wyoming and Eagle Ford of southern Texas, the latter of which is the company's main driver of growth right now. Carrizo has been an early mover in the Utica Shale of eastern Ohio, acquiring mineral rights on over 15,500 net acres.
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