2003
Production reached a new Company record
level of 7.46 Bcfe.
2003
Total Proved Reserves increased to
70.4 Bcfe, an increase
of 11 percent over
year end 2002 levels.
2003
EBITDA exceeded $25.7 million. EBITDA
is defined as earnings before interest,
taxes, depreciation, depletion, amortization,
and other non-cash items.
Carrizo
has increased its total 3-D
Seismic
Data inventory by 155 percent
since year-end
2000.
