Exploration & Production | Capital Markets | Private Equity Activity
Caza Oil & Gas Provides Bone Spring Drilling Update
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Caza Oil & Gas, is pleased to provide an operational update on the Company’s drilling activities at Copperline Prospect in Lea County, New Mexico.
The Caza Ridge 14 State No. 3H horizontal well has reached the intended total vertical depth of approximately 11,750 feet subsurface and log data and core samples have been obtained. Based on analysis of the log and core data, Caza and its partners are now preparing to commence drilling the horizontal section of the well through the primary objective Lower 3rd interval centered at 11,365 feet measured depth. The horizontal section will be approximately 4,620 feet in length, and the well is scheduled to be drilled to a total measured depth of approximately 15,780 feet. Once the horizontal section is complete, the well will be fracture…
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