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Carrizo Oil & Gas Inc. Message Board

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  • biggunnz123 biggunnz123 Jun 22, 2012 2:11 PM Flag

    Short interest

    Understood, but isn't high debt natural for a young energy company? Has to more than that I would think...Lack of operational exacution in the past?

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    • most people have never heard of this driller. If they do find it they look at the debt and go away. The profits are the key here. There are two paths I see for CRZO.

      Fast path is N Sea gets sold at a nice price. Debt is no longer a problem stock rockets up.

      Slower path CRZO keeps finding the money to drill and slowly pays off debt as profits increase stock slowly gets noticed.

      This can go a lot faster if Eagle ford gets more popular than Bakken which is the hot play now IMO. Bakken producers have made lots of promises that bottle necks will ease differentals will get better pad drilling etc. I am skeptic this will happen as fast as investors want.

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