Carrizo Oil & Gas Announces Appointment of Frances Aldrich Sevilla-Sacasa to Board of Directors

HOUSTON–(BUSINESS WIRE)–Carrizo Oil & Gas, Inc. (Nasdaq: CRZO) today announced the
appointment of Ms. Frances Aldrich Sevilla-Sacasa, age 62, to its Board
of Directors, effective immediately. Her appointment increases the size
of the Carrizo Board to eight.

Ms. Aldrich Sevilla-Sacasa is a private investor and was Chief Executive
Officer of Banco Itaú International, Miami, Florida, from April 2012 to
December 2016. Prior to that time, she served as Executive Advisor to
the Dean of the University of Miami School of Business from August 2011
to March 2012, Interim Dean of the University of Miami School of
Business from January 2011 to July 2011, President of U.S. Trust, Bank
of America Private Wealth Management from July 2007 to December 2008,
President and Chief Executive Officer of US Trust Company from early
2007 until June 2007, and President of US Trust Company from November
2005 until June 2007. She previously served in a variety of roles with
Citigroup’s private banking business, including President of Latin
America Private Banking, President of Europe Private Banking, and Head
of International Trust Business. Ms. Aldrich Sevilla-Sacasa holds a
Bachelor of Arts Degree from the University of Miami and an M.B.A. from
the Thunderbird School of Global Management.

S.P. “Chip” Johnson, IV, Carrizo’s President and CEO, commented, “We are
very pleased to welcome Ms. Aldrich Sevilla-Sacasa to our Board of
Directors. She has considerable experience in financial services,
banking, and wealth management. In addition, her experience as a
director of other corporate and not-for-profit boards has provided her
with expertise in the area of corporate governance. She will be of
immense value to Carrizo as we continue to grow the Company into the
future.”

Carrizo Oil & Gas, Inc. is a Houston-based energy company actively
engaged in the exploration, development, and production of oil and gas
from resource plays located in the United States. Our current operations
are principally focused in proven, producing oil and gas plays primarily
in the Eagle Ford Shale in South Texas and the Permian Basin in West
Texas.

Contacts

Carrizo Oil & Gas, Inc.
Jeffrey P. Hayden, CFA
VP
– Investor Relations
(713) 328-1044
or
Kim
Pinyopusarerk
Manager – Investor Relations
(713)
358-6430

echo '
';