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Caza Oil & Gas, Inc.

09:58 AM EST - Caza Oil & Gas, Inc. : has been advised by its drilling contractor Nabors Drilling USA, that the Nabors Rig 4 is continuing operations at its current location longer than anticipated. Site preparations are now substantially complete and Caza is ready to receive the Nabors Rig 4 immediately following its release. Caza will update the market when the Marian Baker #1 well spuds, which is now expected in mid January. Caza Oil & Gas, Inc. shares T.CAZ are trading even at $0.70.