Carrizo Oil Inc. (CRZO)

[Timothy Smith]

Key points on $CRZO for consideration: Carrizo was an early mover into the Eagle Ford and according to its website has 41,000 net acres and 50 wells (primarily in the oil and condensate windows).

The company started remaking itself from a mostly natural gas producer to liquids producer in 2010 and now claims liquids account for over 60% of revenue.

The company has met and exceeded its Eagle Ford goals; profits have nearly quadrupled thanks to the company's higher oil production.

Carrizo's financials show that, as of the second quarter of 2012, quarterly revenue growth is at 83% year-over-year, total debt is $870 million, and debt/equity is 166.

In addition to the Eagle Ford, the company has valuable assets in the Niobrara and Utica shale, natural gas in the Marcellus and Barnett shale, and North Sea oil.