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Caza Details Bone Spring Drilling Portfolio, Well Status, Outlook

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Caza Details Bone Spring Drilling Portfolio, Well Status, Outlook

In its most recent corporate presentation, Caza Oil & Gas Inc. outlined the latest updates to its drilling program.

Caza plans to ramp up Bone Spring drilling in two phases, which will include:

Drilling 12 oil/gas wells as well as two salt water disposal wells (Phase I) Drilling an additional 12 oil/gas wells (Phase II) Most Recent Well Details and Status

Lennox State Unit 32 #2H: Well has been drilled and is producing from the 2nd Bone Spring sand

Lennox State Unit 32 #4H: Permitted and will be drilled in Q4 2013

Gateway 2 State #1H: Reached total depth of 10,500 feet - currently being logged

West Copperline 29 Fed #1H: Horizontal Bone Spring test well - to be drilled in September 2013

Forehand Ranch 27 State #3: Vertical well will test Ramsey Sand at 2,500 feet - to be drilled in Q3…

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