Carrizo Oil Inc. (CRZO)

[DFW]

Why Small Cap, Domestic Oil Producer Carrizo Could Yield Huge Gains

Apr 28 2013

http://seekingalpha.com/article/1379631-why-small-cap-domestic-oil-producer-carrizo-could-yield-huge-gains?source=email_alternative_energy_investing&ifp=0

Those interested in domestic oil producers and growing long-term production should think about Carrizo. Last year Carrizo increased Barrels of Oil Equivalent Production per Day (BOEPD) by 26% and are expected to have long-term compound production growth of 28%. This growth rate is comparable to other domestic players such as Continental (CLR), EOG, Whiting (WLL) and Noble (NE) (although the latter does have some other assets).

... But The Most Exciting Part Is Asset Values

The proven value of Carrizo's assets, discounted at a rate of ten percent (PV10) is already $1.6 billion. Contrast that with the current market cap of $950 million. Consider then the value when "probable" assets are added: the total PV10 would be over $4.5 billion. In this we can see the extent of Carrizo's upside potential.