10:02 AM EST - Caza Oil & Gas, Inc. : announced that drilling has commenced on the Company's O.B. Ranch #2 appraisal well. As announced on May 12, O.B. Ranch #2 is a direct offset to the O.B. Ranch #1 discovery well. The well is targeting the Eocene, Cook Mountain interval between 12,400 and 12,900 feet, which is the stratigraphic interval producing in the O.B. Ranch #1 well, with an anticipated total depth of 13,500 feet. Caza Oil & Gas, Inc.
shares T.CAZ are trading down $0.07 at $0.35.
