KEYFACT Energy
Carrizo Oil & Gas, Inc. has closed the previously-announced acquisition of Delaware Basin assets from Devon Energy Production Company, L.P. (“Devon”), a subsidiary of Devon Energy Corporation.
Separately, on October 18, 2018, Carrizo delivered a notice to the trustee for its 7.50% Senior Notes due 2020 (CUSIP No. 144577 AF0) under which it called for redemption on November 19, 2018, $130.0 million aggregate principal amount of the notes. The $130.0 million of notes called for redemption represents 100% of the aggregate principal amount of this series of outstanding notes.
The notes will be redeemed at a price of 100.000% of the principal amount thereof plus accrued and unpaid interest on the notes to be redeemed to the redemption date.