3 monkies
- 07 Feb 2011 18:09
Has anybody got any views on Caza, I know it has been sticking recently in its 40's - 50's just wondering if you people in the know zone expect it to go higher soon and what are mm's?
3 monkies
- 08 Feb 2011 11:55
- 3 of 28
Thank you, I hope so to - good luck - we need it. Be nice to think it could do what encore did!!!!!!!!!! I stupidly got out of those and then they rocketed so will keep hold of Caza.
3 monkies
- 08 Feb 2011 12:09
- 5 of 28
Cheers! - have done, sounds good.
Andy
- 21 Mar 2011 16:52
- 6 of 28
Free event.
The directors of Petroceltic International (AIM: PCI), Ascent Resources (AIM: AST), Caza Oil & Gas (AIM, TSX: CAZA) and Providence Resources (AIM: PVR) will be presenting:Tuesday the 29th March 2011, The Shelbourne Hotel, 27 St Stephen's Green, Dublin, 2 Ireland
FREE registration - http://www.proactiveinvestors.co.uk/register/event_details/105
The presentations will start at 6:00pm and finish at approx 8:00pm. After the presentations are complete the directors will also be available to take questions during a free canapand wine reception. Details on the presenting companies can be found below.
This event is suitable for the following:
Sophisticated & private investors, private client brokers, fund managers, financial institutions, hedge funds, buy & sell side analysts and journalists.
The event is not suitable for people pursuing commercial opportunities.
If you have any problems registering or queries please email events@proactiveinvestors.com.
Andy
- 21 Mar 2011 17:59
- 7 of 28
CAZA are presenting in Manchester!
The directors of Ascent Resources (AIM: AST), Caza Oil & Gas (AIM, TSX: CAZA) and GGG Resources (AIM: GGG) will be presenting:
Thursday the 7th April 2011, The Midland Hotel, Peter Street, Manchester, M60 2DS
FREE registration - http://www.proactiveinvestors.co.uk/register/event_details/106
The presentations will start at 6:00pm and finish at approx 7:30pm. After the presentations are complete the directors will also be available to take questions during a free canapand wine reception. Details on the presenting companies can be found below.
This event is suitable for the following:
Sophisticated & private investors, private client brokers, fund managers, financial institutions, hedge funds, buy & sell side analysts and journalists.
The event is not suitable for people pursuing commercial opportunities.
If you have any problems registering or queries please email events@proactiveinvestors.com.
For more information on the Lowry Hotel click here. Rooms are available at the Lowry Hotel from 129 (Room Only). To book a room, please contact Emma McAvoy on 0161 827 4076.
hlyeo98
- 22 Mar 2011 20:05
- 9 of 28
Analysis of the Marian Baker #1 well on the Arran prospect in Acadia Parish, Louisiana showed that there is unlikely to be a commercial oil deposit and the well has been plugged and abandoned.
dreamcatcher
- 10 Jun 2011 07:09
- 10 of 28
Print Friday 10 June, 2011Caza Oil & Gas, Inc.
Operational Update
RNS Number : 2053I
Caza Oil & Gas, Inc.
10 June 2011
June 10, 2011
Caza Oil & Gas, Inc.
CAZA OIL & GAS PROVIDES OPERATIONAL UPDATE
HOUSTON, TEXAS (Marketwire - June 10, 2011) - Caza Oil & Gas, Inc. ("Caza" or the "Company") (TSX: CAZ) (AIM: CAZA), the U.S focused exploration, appraisal, development and production company, is pleased to provide an operational update on the Company's San Jacinto, Bongo and Windham projects.
San Jacinto Property, Midland County, Texas. Caza, as operator, was able to secure a rig ahead of schedule and is currently drilling the Caza Elkins 3401 well on the San Jacinto (Wolfberry) property. The well has reached the intermediate pipe point at 4,670 feet. Caza will run electric logs and cement the 9 5/8ths inch casing prior to drilling ahead. The well should take approximately 25 more days to drill to a total depth of 11,200 feet and is targeting the Wolfberry, Strawn and Devonian formations, which produce oil in the immediate area. All subsequent wells will be drilled to approximately 10,500 feet to test the Wolfberry and Strawn formations. The Caza Elkins 3402 well will be drilled immediately following the Caza Elkins 3401 well with the same rig. The property covers approximately 480 acres with five proven undeveloped locations.
Caza has a 100% working interest before completion and an 85% working interest after completion in the first well with a 63.75% net revenue interest. In all subsequent wells on the San Jacinto property, Caza will have a 75% working interest and a 56.25% net revenue interest.
Bongo Property, Wharton County, Texas. The O.B. Ranch #2 appraisal well, which is a direct offset to the O.B. Ranch #1 discovery well is drilling ahead and is currently on schedule. Intermediate casing was set at 7,600 feet, and the well is currently drilling at 8,811 feet. The Company is pleased to announce that log data has confirmed the presence of natural gas in the Frio formation at approximately 5,530 feet. 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. Data from this well will be integrated into Caza's ongoing seismic modelling effort in Wharton County, Texas, which will be used to better understand the potential size of the Cook Mountain anomaly at Bongo, as well as other potential targets in the area.
The Company has also completed remedial operations on the O.B. Ranch #1 well. Since completing the operations, the well is producing in line with Company expectations at average daily rates of 92 barrels of oil, 674 thousand cubic feet of natural gas and 37 barrels of water.
Caza has a 45.28% working interest and a 33.51% net revenue interest in the Bongo property and wells.
Windham Property, Upton County, Texas. The Caza 158 #3 well on the Windham property has reached its target depth of 9,824 feet, and Caza has elected to participate in the operator's proposal to complete the well. The operator intends to perforate and fracture stimulate all potentially productive intervals seen on the logs simultaneously within the wellbore, which include the Spraberry/Wolfcamp, Penn and Strawn formations. The Caza 158 #3 will be the fourth well drilled and completed on this property. The Caza 158 #1, 158 #2 and 162 #1 wells are currently at various stages in their respective fracture stimulation programs, but are all producing oil and natural gas.
Caza currently has a 25.0% working interest and an 18.75% net revenue interest in the Windham property and wells.
W. Michael Ford, Chief Executive Officer commented:
"We are pleased with the status of our ongoing operations at San Jacinto, Bongo and Windham with all three projects progressing on, or ahead of, schedule. The Company is pursuing a balanced strategy of growing both our production and reserve base in order to build further shareholder value, and these projects should provide continued growth in both these areas along with increased revenues. I look forward to updating the market on the progress of these projects, as well as others, in due course."
For further information, please contact:
Caza Oil & Gas, Inc.
Michael Ford, CEO +1 432 682 7424
John McGoldrick, Chairman +1 832 573 1914/+44 7796 861 892
Cenkos Securities plc
Jon Fitzpatrick +44 20 7397 8900 (London)
Beth McKiernan +44 131 220 6939 (Edinburgh)
M: Communications
Patrick d'Ancona +44 20 7920 2330 (London)
The Toronto Stock Exchange has neither approved nor disapproved the information contained herein.
In accordance with AIM Rules - Guidance Note for Mining, Oil and Gas Companies, the information contained in this announcement has been reviewed and approved by Anthony B. Sam, Vice President Operations of Caza who is a Petroleum Engineer and a member of The Society of Petroleum Engineers.
ADVISORY REGARDING FORWARD LOOKING STATEMENTS
Information in this news release that is not current or historical factual information may constitute forward-looking information within the meaning of securities laws. Such information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "schedule", "continue", "estimate", "expect", "may", "will", "project", "predict", "potential", "intend", "could", "might", "should", "believe", "develop", "test", "anticipation" and similar expressions. In particular, information regarding the depth, timing and location of future drilling, intended production testing and the Company's future working interests and net revenue interests in properties contained in this news release constitutes forward-looking information within the meaning of securities laws.
Implicit in this information, are assumptions regarding the success and timing of drilling operations, the intentions and elections of the operator of the wells located in the Windham property, rig availability, projected revenue and expenses and well performance. These assumptions, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Readers are cautioned that actual future operations, operating results and economic performance of the Company are subject to a number of risks and uncertainties, including general economic, market and business conditions and could differ materially from what is currently expected as set out above. In addition, the geotechnical analysis and engineering to be conducted in respect of the various wells is not complete. Future flow rates from wells may vary, perhaps materially, and wells may prove to be technically or economically unviable. Any future flow rates will be subject to the risks and uncertainties set out herein.
For more exhaustive information on these risks and uncertainties you should refer to the Company's most recently filed annual information form which is available at www.sedar.com and the Company's website at www.cazapetro.com. You should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While we may elect to, we are under no obligation and do not undertake to update this information at any particular time except as may be required by securities laws.
This information is provided by RNS
The company news service from the London Stock Exchange
END
rococo
- 10 Jun 2011 08:29
- 11 of 28
24p +0.75p
Presents of gas on the Bongo property .......
dreamcatcher
- 28 Sep 2011 20:38
- 13 of 28
Caza slumps on disappointing results at O.B. Ranch
By Sarah Modlock | Wed, 28/09/2011 - 10:50
Shares in Caza Oil and Gas (CAZA) slumped on Wednesday as it revealed that the O.B. Ranch wells had underperformed.
However, there was some positive news as the company added that drilling results on the initial two wells on the San Jacinto property are above expectations and it has increased its net daily output to 374 barrels of oil equivalent per day - 88% up on the second quarter.
The AIM-listed firm's shares were almost 20% lower in late-morning trading at 11.24p.
Chief executive Michael Ford told investors: "While the O.B. Ranch wells are commercial, they have clearly underperformed. However, there is other Cook Mountain and Yegua potential in the area, which continues to be evaluated."
He added that the non-operated Windham wells are still cleaning up and have combined with the Caza Elkins and O.B. Ranch wells to increase Caza's net production.
The company's statement said: "Production data from the O.B. Ranch #1 and #2 wells seems to indicate that the reservoir is more limited in nature than can be seen on seismic data alone. This data, when coupled with the fresh formation water production at O.B. Ranch #2, has increased the commercial and technical risk of the project."
"Bringing these wells on line has added long term production, proven reserves and additional cash flow to Caza's already solid platform. We hope to increase production further with the Caza McMillan #1 well and additional drilling on the San Jacinto property in the near term, while continuing to develop future projects of varying risk profiles in the Permian Basin and South Louisiana," said Ford.
He added that he was "very pleased" with the continued progress of increasing our production. The drilling results seen on the initial two wells on the San Jacinto property are above expectations. With another five potential locations to be drilled and with our significant interest in this property, we will benefit significantly from the production, cash flow and proven reserves associated with the wells."
"We have a good portfolio of projects, adequate cash to execute our drilling plan, and I look forward to updating the market on Caza's exploration and production activities in the near future."
machoman
- 22 Feb 2012 15:48
- 15 of 28
is on a spike moood since last Friday and today BREAKOUT 14.75 / 15 now
machoman
- 22 Feb 2012 16:39
- 16 of 28
buying till the last minute and even 35 seconds after and paying 16.50p though offer at 15.50p
mamborico
- 23 Apr 2012 16:52
- 17 of 28
Some good size buying late this afternoon
Any news tomorrow?
have been leaky in the past
markymar
- 01 Nov 2012 08:37
- 19 of 28
http://www.spreadbetmagazine.com/blog/
After a fairly muted reaction to yesterday’ s operational update from Caza Oil and Gas’s South East New Mexico field, the shares have sprung to life settling 25% higher to 12.5p this afternoon.
The update from the Forehand Ranch prospect in Eddy County and Copperline Prospect in Lea County has been positively received by the markets after disappointments on some of its Texan assets drove the shares down to 6.5p in early September - a 52 week low. For astute investors who were prepared to take the risk, they have now seen a 50% gain in their shares in the last month.
For Forehand, “There were good mud log shows for oil and natural gas throughout the Bone Spring formation while drilling the vertical section, notably in the Avalon Shale and 1st, 2nd and 3rd Bone Spring Sands along with shows in the shallower Delaware and Lower Brushy Canyon and the deeper Wolfcamp formations.”
Michael Ford, Caza’s CEO commented on the New Mexico results said that “The log and core data have confirmed the presence of multiple potential pay zones containing oil and liquids-rich natural gas.”
Some good news at last for Caza shareholders!
markymar
- 05 Nov 2012 09:17
- 21 of 28
Looks like CAZA has put on application in to test the Caza Ridge 14 3H well and be exempt from the ‘No flare ‘ rule 19.15.18.12. Based on an estimated production of 1000 BOPD (estimate), the gas to be flared is 500 MCF per day. Temporary gas sales will be set up from 30th November.
There it is in print oil and gas from this well!!! (See the last two filings)
http://ocdimage.emnrd.state.nm.us/imaging/WellFileView.aspx?RefType=WF&RefID=30025406210000
The filings mean that they want to production test the well. They can store the oil/NGL so no issues there but due to a lack of a pipeline they have to flare (burn off) the gas off. The regulation I referred to obviosly means US companies have to seek permission for this due to impact on the environment/ HSE etc. They are justifying the need to do this by saying they are testing estimated flow rates of 1000 BOPD as I understand it. I doubt they could achieve those kind of flow rates long term but means we have a commercial well for sure. Throw in a bit of gas aswell.