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Carrizo Oil & Gas Announces Sale of Non-Core Barnett Shale Properties for $190 Million
Carrizo Oil & Gas, Inc. (NASDAQ: CRZO) today announced that it has entered into a definitive agreement to sell a portion of its properties in the Barnett Shale (or "Divested Properties") to a subsidiary of Atlas Resource Partners, L.P. (NYSE: ARP) for $190 million in cash. This sale will have an effective date of January 1, 2012 and is expected to close in late April, subject to customary closing conditions and purchase price adjustments.

date.png17 Mar 2012 22:40 | comments.png 0 Comments | tags.png barnett carrizo shale upstream usa [ More ]
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