10:20 AM EST - Caza Oil and Gas Inc. : announced that the Caza 158 #2 well in Upton County, Texas, reached a total depth of 10,649 feet on February 7. Electric logs indicate multiple potential pay sands in the Clearfork, Spraberry, Wolfcamp, Strawn and Atoka formations. The operator is currently running production casing and preparing the 158 #2 well for further completion operations. The completion procedure will include a necessary fracture stimulation program. Caza Oil and Gas Inc.
shares T.CAZ are trading even at $0.85.