Carrizo Oil & Gas, Inc. announced the Company's record financial results for the second quarter of 2013, which included the following highlights:

Record Oil Production of 11,747 Bbls/d, a 26% increase over the first quarter of 2013 and a 54% increase over the second quarter of 2012

Record Total Production of 28,187 Boe/d, a 6% increase over the first quarter of 2013 and a 7% increase over the second quarter of 2012

Record Oil Revenue of $105.8 million, amounting to 79% of total revenue, and a 21% increase over the first quarter of 2013

Net Income from continuing operations of $35.8 million, or $0.88 per diluted share, and Record Adjusted Net Income (as defined below) of $24.7 million, or $0.61 per diluted share

Record EBITDA (as defined below) of $102.7 million, a 10% increase over the first quarter of 2013 and a 48% increase over the second quarter of 2012

Increasing 2013 crude oil production growth target to 45% from 40%

Tags: Carrizo Oil & Gas