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Carrizo Oil & Gas Announces Borrowing Base Redetermination

2014-10-09 13:05:22| Oil & Gas - Topix.net

Carrizo Oil & Gas, Inc. today announced that its banking syndicate, led by Wells Fargo as administrative agent, has completed their semi-annual borrowing base redetermination, resulting in an increase to the borrowing base from $570.0 million to $675.0 million. However, the Company has elected to limit the lenders' aggregate commitment to $585.0 million.

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