Caza Oil & Gas, Inc. provides an update on the current status of its operations in Texas and Louisiana regarding the following projects.

Windham Wolfberry Prospect, Upton County, Texas. As announced on September 29, 2010, the Caza 158 #1 well, the initial well on the prospect, reached its target depth having encountered multiple potential pay sands in the Wolfcamp, Spraberry and Atoka formations and is on schedule to be fracture stimulated in mid-October. As at October 5, 2010, the second well on the prospect, the Caza 162 #1 well had reached a depth of 10,798 feet towards its intended target depth of 11,250 feet.

Bongo Prospect/O.B. Ranch #1 Well, Wharton County, Texas. Caza announced on August 13, 2010, that the completion procedure for the O.B Ranch #1 well would involve perforating the wellbore across multiple intervals in the Cook Mountain sandstone formation and flow-testing the well.

Hite Offset Prospect/Matthys-McMillan Gas Unit #2 Well, Wharton County, Texas. As announced on August 25, 2010, the Matthys-McMillan Gas Unit #2 well was completed in the Yegua formation and subsequently fracture stimulated on August 18, 2010.

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