Caza Commences Drilling Texas Prospect

Caza Oil & Gas has begun development drilling at the Caza 158 #2 well, located in the Windham prospect of Upton County, Texas, US.

The 158 #2 well, which will be drilled to a total depth of 11,100ft, will test the Spraberry, Wolfcamp, Penn and Atoka formations.

The prospect covers 5.3km² and will initially be developed on an 80 acre spacing, according to Caza.

The Caza 158 #1 and 162 #1 wells, which are in the completion phase, have encountered multiple pay zones and require multiple fracture stimulations.

Caza has a 25% working interest and a corresponding 18.75% net revenue interest in all three wells.