One-Page Deal Sheet
Caza to Acquire Permian Lease with Bone Spring Potential
Caza Oil & Gas, Inc. Not Disclosed
Announced Date
October 09,2014
Transaction Type
Property
Transaction Details: Require Private Equity Subscription
Caza Oil & Gas Inc. has entered into an exploration and development agreement with a large independent company to acquire a lease comprising 480 gross acres in the heart of the Bone Spring Play.
W. Michael Ford, Chief Executive Officer commented: "We are very pleased to announce the recent acquisition of the East Marathon Road lease and anticipate drilling operations to commence soon on the property. This is a highly active area in the Bone Spring Play that will hopefully generate good results for the Company and our shareholders.
The property, which will be referred to as East Marathon Road…
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