Carrizo Oil & Gas partners with Avista Capital Partners to enter Ohio's Utica Shale play

Carrizo Oil & Gas, Inc. recently announced a joint venture with Avista Capital Partners to enter Ohio's Utica Shale play, reported MSNBC.com.  The joint venture recently closed on its first acquisition of 15,000 acres in northeastern Ohio and western Pennsylvania.  The average cost of the acquisition was $1,500 per acre.

Ohio