The joint venture situation continues to heat up as energy companies look to develop the Utica Shale in eastern Ohio and western Pennsylvania. This time, it’s Carrizo Oil and Avista Capital Partners. Avista is an investment firm with deep pockets, deep enough to float Carrizo up to $200 million.
Carrizo Oil & Gas recently provided the following operations update on their Marcellus Shale drilling activities in Susquehanna and Wyoming Counties in Pennsylvania:
Richard Smith, vice president of land for Carrizo Oil & Gas, spoke to the Wyoming County Chamber of Commerce at a luncheon yesterday outlining Carrizo’s plans for drilling in the Pennsylvania Marcellus Shale. He said that Carrizo will have five well pads “fully developed” in Wyoming County by September 2012. He also said Carrizo would [...]
A group of investment managers who belong to an organization called The Investor Environmental Health Network have banded together (some might call it collusion) to put pressure on energy companies who engage in natural gas drilling by using hydraulic fracturing. Their aim? To stop fracking of course, but that’s not what they say in their [...]
Carrizo Oil & Gas has filed 41 records of gas leases in three Luzerne County municipalities:
You don’t hear much about Marcellus drilling in Virginia, so a recent story caught the attention of MDN. Carrizo Oil and Gas, operating under its subsidiary name of Carrizo Marcellus Oil and Gas, has applied for a permit to drill a Marcellus gas well in Bergton, VA (Rockingham County). The permit was discussed at a [...]
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