Caza Oil & Gas, Inc.: New Exploration and Growth Initiative
Caza Oil & Gas, Inc. (TSX:CAZ)(AIM:CAZA) announced today that, through its subsidiary Caza Petroleum Inc., it has entered into a definitive participation agreement (the "Agreement") with Endeavour International Corporation (NYSE Alternext US:END)(LSE:ENDV) ("Endeavour") to participate in a jointly established exploration and development program in the United States. The exploration and development program will primarily focus on Caza's existing onshore acreage position and portfolio of identified opportunities throughout Texas, Louisiana and New Mexico.
Endeavour and Caza are currently finalizing a proposed work program and related budget for the prospects and opportunities which the parties intend to pursue.
- Published: 09 April 2009
- Written by Editor