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On the Record · Carrizo Oil & GAS

Carrizo Oil & GAS acquisitions, on the record

The businesses Carrizo Oil & GAS bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Sanchez Acquisition (producing wells and acreage from Sanchez Energy Corporation and SN Cotulla Assets, LLC)
Word for word“On December 14, 2016, we completed the acquisition of producing wells and acreage primarily in LaSalle, Frio and McMullen counties from Sanchez Energy Corporation and SN Cotulla Assets, LLC, a subsidiary of Sanchez Energy Corporation (“Sanchez Acquisition”) for a purchase price of $181.0 million, subject to purchase price adjustments.” 10-K for 2016
acquisitionDecember 14, 2016$181.0 million
Eagle Ford Minerals, LLC (EFM) Eagle Ford Shale Acquisition
Word for word“On October 24, 2014, the Company completed the acquisition of interests in oil and gas properties (the “Properties”) from Eagle Ford Minerals, LLC (“EFM”) primarily in LaSalle, Atascosa and McMullen counties, Texas in the Eagle Ford (the “Eagle Ford Shale Acquisition”).” 10-K for 2016
acquisitionOctober 24, 2014—
ExL Properties (from ExL Petroleum Management, LLC and ExL Petroleum Operating Inc.)
Word for word“In the third quarter of 2017, we closed on an acquisition of 16,508 net acres located in the Delaware Basin in Reeves and Ward Counties, Texas (the “ExL Properties”) from ExL Petroleum Management, LLC and ExL Petroleum Operating Inc. (together “ExL”) for aggregate net consideration of $679.8 million (the “ExL Acquisition”).” 10-K for 2017
acquisitionIn the third quarter of 2017, we closed on an acquisitionaggregate net consideration of $679.8 million
Utica and Marcellus Shales assets
Word for word“In the fourth quarter of 2017, we closed on divestitures of substantially all of our assets in the Utica and Marcellus Shales for aggregate net proceeds of approximately $137.0 million, subject to post-closing adjustments.” 10-K for 2017
divestitureIn the fourth quarter of 2017, we closed on divestituresaggregate net proceeds of approximately $137.0 million, subject to post-closing adjustments
Niobrara Formation assets and a portion of Eagle Ford assets
Word for word“Carrizo has received aggregate net proceeds of $382.8 million, subject to post-closing adjustments, for these divestitures, both of which closed in January 2018.” 10-K for 2017
agreed divestitureboth of which closed in January 2018aggregate net proceeds of $382.8 million, subject to post-closing adjustments
Niobrara Formation assets
Word for word“On November 20, 2017, we received $14.0 million as a deposit and on January 19, 2018, we received $122.6 million at closing, subject to post-closing adjustments, for aggregate net proceeds of $136.6 million, which included preliminary purchase price adjustments primarily related to the net cash flows from the divested wells from the effective date to the closing date.” 10-K for 2017
divestiture—aggregate net proceeds of $136.6 million
Marcellus Shale assets (to BKV Chelsea, LLC)
Word for word“In the fourth quarter of 2017, we closed on the divestiture of substantially all of our assets in the Marcellus Shale to BKV Chelsea, LLC, a subsidiary of Kalnin Ventures LLC, for an agreed upon price of $84.0 million , with an effective date of April 1, 2017, subject to customary purchase price adjustments.” 10-K for 2017
divestitureIn the fourth quarter of 2017, we closed on the divestiture—
Utica Shale assets (Guernsey County, Ohio)
Word for word“In the fourth quarter of 2017, we closed on the divestiture of substantially all of our assets in the Utica Shale, located primarily in Guernsey County, Ohio, for an agreed upon price of $62.0 million , with an effective date of April 1, 2017, subject to customary purchase price adjustments.” 10-K for 2017
divestitureIn the fourth quarter of 2017, we closed on the divestiture—
Devon Energy Production Company, L.P. oil and gas properties in the Delaware Basin
Word for word“On October 17, 2018, we closed on the acquisition with Devon Energy Production Company, L.P. (“Devon”), a subsidiary of Devon Energy Corporation, of oil and gas properties in the Delaware Basin in Reeves and Ward counties, Texas (the “Devon Acquisition”).” 10-K for 2018
acquisitionOn October 17, 2018—
portion of assets in the Eagle Ford sold to EP Energy E&P Company, L.P.
Word for word“In the first quarter of 2018, we closed on the sale of a portion of our assets in the Eagle Ford to EP Energy E&P Company, L.P. for aggregate net proceeds of $245.7 million.” 10-K for 2018
divestitureIn the first quarter of 2018$245.7 million
ExL Petroleum Management, LLC and ExL Petroleum Operating Inc. (16,508 net acres in Reeves and Ward Counties, Texas)
Word for word“In the third quarter of 2017, we closed on an acquisition of 16,508 net acres located in Reeves and Ward Counties, Texas from ExL Petroleum Management, LLC and ExL Petroleum Operating Inc. (the “ExL Acquisition”).” 10-K for 2018
acquisitionIn the third quarter of 2017—

Deal filings since 2016

Read from Carrizo Oil & GAS’s annual reports (10-K for 2018, 10-K for 2017, 10-K for 2016) and the financial data it files with the SEC, as of 2019-03-01. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.