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Caza Drills, Fracs Bone Spring/Avalon Wells
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Caza Oil & Gas Inc. has reported that drilling has commenced on the Company's second well on its Copperline Bone Spring property in Lea County, New Mexico.
The Caza Ridge 14 State #4H horizontal well commenced drilling on June 15, 2013.
The well will be drilled to a total vertical depth of approximately 11,750 feet with a total measured depth of approximately 15,895 feet. This well is a direct offset to the successful Caza Ridge 14 State #3H well. The primary target is the 3rd Bone Spring Sand interval with potential secondary targets in the Brushy Canyon, Avalon Shale, and 1st and 2nd Bone Spring Sands. Caza has a 58.75% working interest (approximate 44.80% net revenue interest) in the Caza Ridge 14 State #4H well.
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