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Carrizo Oil using hedges to keep cash flow but is "ready to accelerate" when prices recover

2015-02-28 08:47:10| Oil & Gas - Topix.net

Executives with Carrizo Oil & Gas Inc. report that production in the Eagle Ford shale drove record revenue for the fourth quarter of 2014 and that the company is "ready to accelerate" when low crude prices recover. The Houston-based company released financial figures on Tuesday where executives reported both record oil production and record revenue during the fourth quarter of 2014.

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