Company Information for Caza Oil & Gas, Inc

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AIM; CAZA

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TSX; CAZ

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Company Statement

Based in The Woodlands, Texas, Caza Oil & Gas, Inc. (Caza) is engaged in the acquisition, exploration, development and production of hydrocarbons in the Texas Gulf Coast, South Louisiana, Southeast New Mexico and the Permian Basin of West Texas regions of the United States through its subsidiary, Caza Petroleum.

Caza Oil & Gas, Inc. is admitted to trading on the AIM, a market operated by London Stock Exchange plc, and listed on the Toronto Stock Exchange.

Operations and Technology

Unusually for a small company, Caza has access to approximately 8,000 square miles of 3D seismic data across Louisiana and parts of Texas. From that, the company has embarked on a rolling evaluation programme, identifying prospects, acquiring leases and drilling wells to prove up new reserves. As at 31 December 2008, the company has 3P reserves of 91 BCFGE certified by independent consultants. With multiple pay horizons and nearby infrastructure, bringing discoveries and any associated cluster wells onstream can be done quickly. Caza believes this model is repeatable and will contribute to a growing reserves and production base.

Caza is also exposed to the emerging horizontal Wolfcamp Trend in the Permian Basin of New Mexico. With approximately 19,000 gross acres already leased, Caza is in an excellent position to exploit this exciting oil opportunity.

Caza recently announced a deal with Endeavour International Corporation whereby Endeavour will pay 100 per cent of Caza’s exploration costs on the first well on selected properties in return for 75 per cent of Caza’s working interest in these properties. Endeavour has also agreed to pay a programme fee to Caza of US$3 million annually. Up to nine wells are expected to be drilled in 2009 and early 2010, some of which will be in the horizontal Wolfcamp trend.

In addition to its low risk exploration projects Caza has a number of higher risk / higher reward prospects in its portfolio. Las Animas and Bongo are wells to watch in 2009 and 2010.

Geographical Spread

Onshore USA – Texas, Louisiana and New Mexico

Board of Directors and Key Management

John Russell McGoldrick	Executive Chairman
James Russell Porter	Director
John Ross Rooney, Calgary	Lead Director
Cornelius Dupré II	Director
William Michael Ford	Chief Executive Officer
James Michael Markgraf	Vice President Finance and Chief Financial Officer
Anthony Bryan Sam	Vice President, Operations
Richard Ronald Albro	Vice President Land and Secretary
Donald John Snow	Vice President Exploration

Company Address

2002 Timberloch Place, Suite 500
The Woodlands, Texas, United States TX 77380


Telephone:	281 363-4442
Facsimile:	281 363-4454
Email:	info[at]CazaPetro.com
Website:	http://www.cazapetro.com

Additional Address/Key Contact

Midland, Texas
200 N. Loraine, Suite 1550 - Midland,
TX 79701
T:432 682-7424 - F:432 682-7425

Capital

119,319,000 common shares

Nominated Brokers

HansonWesthouse
One Angel Court
London
EC2R 7HJ

Nominated Advisors

HansonWesthouse

Major Shareholders

Significant Shareholders	%
Directors	17.8%
Zoneplan Limited	17.2%
Millenium Global	12.6%
HSBC Nominees	10.6%
Dartley Bank	8.0%
Merrill Lynch Custodian	5.7%
Sector Inv Managers	4.1%
Credit Suisse	3.5%

Most Recent Statement

18/12/09 - Operational Update
05/11/09 - 3rd Quarter Results
05/11/09 - Operational Update
06/10/09 - Lucky Penny Hydrocarbon Discovery
07/08/09 - CAZA OIL & GAS ANNOUNCES SECOND QUARTER RESULTS
16/06/09 - Result of AGM

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