Caza Oil & Gas Provides an Operational Update on Arran Prospect

Caza Oil & Gas, Inc. (LON:CAZA) provides an operational update on the Arran Prospect in Acadia Parish, Louisiana.

The press release is quoted as saying:

The Company has executed a drilling contract with Nabors Drilling USA, LP to utilize Nabors Rig 4 to drill the Marian Baker #1 well on Arran Prospect to a total depth of approximately 16,000 feet beginning on or around December 18, 2010. Arran is regarded by the Company to be a multi-segment prospect, with prospective reservoirs supported by AVO data within a proven play fairway. The Marian Baker #1 well is expected to encounter multiple, potential, hydrocarbon bearing reservoir sections. Caza will update the market accordingly when the well spuds.

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