09:45 AM EST - Caza Oil & Gas, Inc. : provided an operational update on the Company's drilling activities in southeast New Mexico.The Forehand Ranch 27 State Com No. 1H horizontal well has reached the intended total vertical depth of approximately 9,450 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 2nd Bone Spring Sand targeting the interval centered at 7,350 feet measured depth. The horizontal section will be approximately 4,360 feet in length, and the well is scheduled to be drilled to a total measured depth of approximately 11,961 feet. Once the horizontal section is complete, the well will be fracture stimulated, and the market will be updated accordingly. Caza Oil & Gas, Inc.
shares T.CAZ are trading unchanged at $0.13.
