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Caza Oil & Gas Inc. CAZFF



GREY:CAZFF - Post by User

Comment by perdikaoilgason Dec 19, 2014 5:47pm
166 Views
Post# 23251319

RE:CAZA: Two more gushers in the Delaware Basin

RE:CAZA: Two more gushers in the Delaware Basinand see the last sentence from the CEO's statement: 


"These are both excellent results for the Company's Bone Spring program, which continues to create value for our shareholders through increased reserves and cashflow. This area of Lea County, New Mexico contains some of the strongest Bone Spring wells drilled in the play to date. Our first well on the East Marathon Property has delivered profitable commercial flow rates and has secured our acreage position in the area. Additionally, both wells have proved up stacked pays across the respective lease blocks for future development. These wells should provide a good return on investment even at current commodity prices."




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