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(1) 3-D seismic coverage in oil
& gas producing basins outside areas of current leasehold activity.
(2) 2003 planned seismic additions
are primarily 3-D seismic data, the rights to which the Company
acquired as part of a 2,750
square mile data purchase in late 2002, that is expected to be delivered
to the Company in 2003.
TEXAS -- WILCOX AREAS
The prolific Wilcox trend in
South Texas continues to be a primary area of exploration and development
focus for Carrizo. The Company has a total of 1,793 square miles
of 3-D seismic data that covers potential Wilcox formation exploration
and development targets. Wilcox prospects occur at a variety of
depths but are often relatively deeper targets with both high
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