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Caza Oil & Gas, Inc.

10:02 AM EST - Caza Oil & Gas, Inc. : announced that development drilling has commenced on the Windham prospect in Upton County, Texas. The operator commenced the drilling of the Caza 158 #2 well on January 23. The 158 #2 is designed to drill to a total depth of approximately 11,100 feet to test the Spraberry, Wolfcamp, Penn and Atoka formations and should take approximately 35 days to drill. Caza Oil & Gas, Inc. shares T.CAZ are trading even at $0.75.