Carrizo Oil & Gas, Inc. (NASDAQ:CRZO)
CAPS Rating:
The Company is an independent energy company engaged in the exploration, development and production of natural gas and oil.
The Company is an independent energy company engaged in the exploration, development and production of natural gas and oil.
Recs
I believe that Oil Shale will be huge in the next few years. With the price of oil going so high, it has become more affordable to create a barrel of oil from oil shale. In fact, it is cheaper than the current price per barrel of oil.
The oil shale supply in the United States is said to be ample.
love it too ! had recomndtn back in '06. big boost coming now w/a 6-well pad each month for next 18 months, 100% owned, and initial flow rates of 4 miln/well--big % jump in prdctn coming on current 65 miln/day.