Caza is engaged in the acquisition, exploration, development and production of hydrocarbons in the following regions of the United States of America through its subsidiary, Caza Petroleum, Inc.: Permian Basin (West Texas and Southeast New Mexico) and Texas and Louisiana Gulf Coast (on-shore) is listing on both AIM, a market operated by London Stock Exchange plc, and the Toronto Stock Exchange.
08/01/2014Mike Ford, CEO Caza Oil & Gas (LON:CAZA TSX:CAZ), tells Proactiveinvestors that the $10mln advance will be used to continue the aggressive drill programme. This, Mike says, will continue to see more and more production come online.
23/08/2013Michael Ford, CEO Caza Oil & Gas (LON:CAZA TSX:CAZA), tells Proactiveinvestors that the company is solely focused on the Bone Springs Play and the twelve well drill programme is going to plan. He confirms that the company continues to be fully funded and it should be cash flow positive in Q3.
04/12/2012Mike Ford, CEO of Caza Oil & Gas (LON:CAZA TSX:CAZA), tells Proactiveinvestors that with the recent developments the company has turned a milestone and is now producing cash flow at around two to three times overhead. The four producing wells have now de-risked the project and it now enables the company to move onto another one hundred locations. Mike says that cash flow is 2-3 times the burn or overhead rate.
07/11/2012John McGoldrick, Chairman of Caza Oil & Gas (LON:CAZA TSX:CAZ) tells Proactiveinvestors that the company has had "an extremely successful result" from a fraccing operation and shares rose in excess of 30% in the wake of the news.
24/04/2012Mike Ford, CEO of Caza Oil & Gas (LON:CAZA, TSX:CAZ) tells Proactiveinvestors that the Caza strategy is to create shareholder value through “aggressively” growing reserves. Mike talks about the dry well disappointment that Caza had in 2011, but that Caza learned a lot and subsequently took that and translated it into two exciting prospects that the company now has in south east Louisiana. Mike talks about the drop in share price and what the company is doing fundamentally to improve the shareholder position.
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We know that to grow and succeed, you have to deliver. It’s important to our investors, it’s important to our employees and it’s important to us.
KNOW THE INDUSTRY.
In order to deliver, you have to know what you’re doing – staying on top of trends, looking for opportunities and making experience-based decisions.
Above all else, we want to respect the people we work with. And that goes hand in hand with having respect for the environment, and everything else that touches the lives of people in our communities.
Caza Oil and Gas, Inc. is a leading independent energy company with a diverse portfolio of high-quality assets, a track record of success and a sound strategy for the future.
We are committed to providing superior performance and returns and optimizing volumes and costs through focused, fit-for-purpose applications of skills and technology.
Our success can be measured through the value we deliver to our investors, business partners and employees.
Caza’s operations are focused within two producing regions in the United States of America: the Permian Basin and the Gulf Coast. Each region includes producing fields with numerous undrilled locations and vast opportunities for finding untapped oil and natural gas reserves. Our asset portfolio is distinguished by quality, diversity and exploratory upside. Each individual asset fulfills an important role in a portfolio that balances lower-risk development projects with high-potential exploration activities. With an asset mix within the most prolific oil and natural gas producing regions in the United States, our holdings provide the opportunity to employ our knowledge to replicate success and create value.
Leading-edge horizontal drilling technologies along with other technological advances in drilling and completion techniques are being used to unlock the massive oil and natural gas resources that remain in place in this region. Caza’s acreage position and continuing commitment to the Permian Basin will deliver high-margin growth for many years to come.
Caza’s Gulf Coast operations cover a large area across south Texas and south Louisiana, including the state waters of the Coastal Transition Zone. Most of the company’s production and reserves in this region come from natural gas reservoirs found in conventional sandstone formations. Exploration and development activities in this area are enhanced by the stacked nature of these sandstone formations, which provides the potential for multiple pay zone completions. In addition to natural gas production, many of the reservoirs yield high condensate volumes, which can significantly enhance economics.
Caza believes that using leading-edge technologies will play a key role in lowering risk profiles and delivering value. In recent years, the use of three dimensional seismic technologies has unlocked new opportunities in this area. Onshore 3-D seismic data is very expensive and provides a significant entry barrier to other companies, which makes Caza’s 8,000-square mile 3-D seismic library both advantageous and valuable.
W. Michael Ford
William Michael Ford has been Caza Petroleum’s Chief Executive Officer, President and Director since 2006. He was also Vice President of Falcon Bay Energy from November 2000 to July 2006.
James M. Markgraf
James Michael Markgraf has served as Vice President, Finance and Chief Financial Officer for Caza Petroleum since 2006. He was also the Chief Financial Officer and Treasurer of Falcon Bay Energy from 2001 to 2006.
Anthony B Sam
Anthony Bryan Sam has served as Vice President, Operations since August 2006. He also served as Vice President, Operations for Falcon Bay Energy from October 2000 to July 2006.
Richard Ronald Albro is Caza Petroleum’s Vice President, Land and has served as Secretary since August 2006. Previously, Mr. Albro served as Vice President, Land of Falcon Bay Energy from November 2000 to July 2006.
Randy L. Nickerson
Randy Nickerson is Vice President Exploration of Caza Petroleum. From November 2004 to October 2011, Mr. Nickerson served as Vice President of Exploration, and Chief Geophysicist for Sanchez Oil & Gas Corporation. Prior, Mr. Nickerson was Chief Geophysicist for Dominion Exploration & Production Corporation.
Number of securities in issue and significant shareholders:
As of April 15 2013, there are 173,538,503 common shares of no par value in circulation.
Insofar as we are aware, the following are significant shareholders* with(%):
Of the total number of shares in circulation, 11.3% were not in public hands.
*"Significant Shareholders" means holders of 3% or more of the issued share capital of the Corporation.
Information taken from Company website 08.05.2013
The Woodlands, Texas
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