EV Energy, EnerVest are buyers of Carrizo's Barnett Shale assets


EV Energy Partners (EVEP) and certain institutional partnerships managed by EnerVest (EOSOF) agree to acquire Barnett Shale natural gas properties from Carrizo Oil and Gas (CRZO) for ~$285M.

The acquisition, first announced by CRZO on Wednesday, is comprised of 82 wells and ~9,500 net acres which are 100% held by production.

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Comments (1)
  • Clayton Rulli
    , contributor
    Comments (3405) | Send Message
     
    great for CRZO. I love when companies drill wells, take the cream from initial production rates, then as production declines they sell off the wells which are throwing off less output.
    6 Sep 2013, 08:43 AM Reply Like
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