X0201 42003-08-1200001040593CARRIZO OIL & GAS INC CRZO0001257331BOLING PAUL FSUITE 800HOUSTONTX770790100Vice President and CFONonqualified stock option (right to buy)5.7252003-08-124A0200000A2004-08-122013-08-12Common Stock2000020000DThe options are exercisable in cumulative annual increments of 1/3 of the total number of shares of Common Stock subject thereto, beginning August 12, 2004, the first anniversary of the date of the grant /s/ Paul F. Boling2003-08-14