Carrizo Oil & Gas, Inc. to Make Presentation at the Independent Petroleum Association of America (’IPAA’) Oil and Gas Investment Symposium Small Cap

Carrizo Oil & Gas, Inc. to Make Presentation at the Independent Petroleum Association of America (’IPAA’) Oil and Gas Investment Symposium Small Cap

Carrizo Oil & Gas, Inc. will make a presentation at the IPAA Oil and Gas Investment Symposium Small Cap in Boca Raton, Florida.

A webcast of the presentation can be accessed on the Company website, http://www.crzo.net , clicking on “Links” and then clicking on “IPAA OGIS SMALL CAP 2/7/07″. The presentation will be webcast live beginning at 10:10 AM EST on Wednesday, February 7, 2007.

Carrizo Oil & Gas, Inc., is a Houston-based energy company actively engaged in the exploration, development, exploitation and production of oil and natural gas primarily in proven onshore trends along the Texas and Louisiana Gulf Coast regions and the Barnett Shale area in North Texas. Carrizo controls significant prospective acreage blocks and utilizes advanced 3-D seismic techniques to identify potential oil and gas reserves and drilling opportunities.

Contact: Carrizo Oil & Gas, Inc. B. Allen Connell, Director of Investor Relations Paul F. Boling, Chief Financial Officer

(713) 328-1000

Source: Carrizo Oil & Gas, Inc.

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