11:38 AM EST - Caza Oil & Gas, Inc. : announced that drilling has commenced on the Company's Forehand Ranch Prospect in Eddy County, New Mexico. The Forehand Ranch 27 State Com No. 1H horizontal well is the initial test well at Forehand Ranch. The well will be drilled to a total vertical depth of approximately 9,200 feet with a total measured depth of approximately 11,929 feet. The primary target is the 2nd Bone Spring Sand at a vertical depth of approximately 7,450 feet subsurface with potential secondary targets in the Delaware, Lower Brushy Canyon, Avalon Shale, 1st and 3rd Bone Spring Sands and Wolfcamp. Caza Oil & Gas, Inc.
shares T.CAZ are trading down $0.01 at $0.11.
