Caza well progressing smoothly
13th Sep 2012 12:50
Caza Oil & Gas has reported that the Caza Ridge 14 State No. 3H horizontal well has reached a total depth of around 11,750 feet and both samples data have been obtained. Based on analysis of this data, Caza and its partners are about to being drilling the horizontal section of the well through the
Read moreResources round-up: Ortac Resources, Caza, Stratex International
16th Aug 2012 08:51
Ortac Resources, an exploration and development company focused on natural resource projects in Europe, has said it will soon be ready to classify its maiden JORC (Joint Ore Reserves Committee - an industry body) compliant ore reserves at the Sturec project in the Slovak Republic, where the pre-feas
Read moreLondon close: Footsie stages late recovery
10th Aug 2012 16:47
After trading in the red for most of the day Footsie put in a late spurt in the last half hour to claw back most of the day's losses. Shares, and in particular miners, had been on the back foot after some disappointing trade data from China. Chinese exports grew 1.0% from a year earlier in July,
Read moreLondon midday: City approves of new Barclays Chairman
10th Aug 2012 11:54
Footsie bumbled along for most of the morning a little in the red, weighed down by mining stocks, which have been under selling pressure after weak Chinese trade data. The top-share index did briefly venture into positive territory around 11:00 but with US futures markets pointing to a soft opening
Read moreCaza up on improved production
10th Aug 2012 09:37
The US focused oil and gas firm Caza has reported increased production in the second quarter as new wells improved its extraction rates. Caza's production increased 38% to 25,107 barrels of oil equivalent (boe) for the three-month period ended June 30th from 18,130 boe for the same period in 2011.
Read moreResources round-up: Goldstone, Caza, Anglo Asian Mining...
7th Jun 2012 11:59
Exploration company Goldstone has confirmed the wide depth extension of its gold resource at Homase/Akrokerri in West and Central Africa after 46 holes were drilled, totalling 13,200 metres. Included in these, one hole intersected gold mineralisation of 15.7m at 1.4 g/t including 4.5m at 3.3 g/t, wh
Read moreSmall caps round-up: Caza, Tower Resources, Noventa...
2nd Feb 2012 12:17
Mining firm Noventa says that operations have suffered from a "plague" of beetles as a result of tropical storms which have hit the firm's Marropino site in Mozambique over the past 10 days. The Rove Beetle is very poisonous and around 30% of the workforce at Marropino have been affected by the seve
Read moreCaza Oil and Gas up on drill results
24th Nov 2011 10:33
Caza Oil and Gas, the Houston-based exploration company, says re-entry operations at its Caza McMillan #1 Well have been successful. Fracturing resulted in an initial production rate of 1.375 million cubic feet of natural gas, and 57 barrels of oil per day. W. Michael Ford, chief executive of Caza
Read moreRandy Nickerson to head exploration at Caza
7th Nov 2011 12:44
Caza Oil & Gas, the US focused exploration, appraisal, development and production company, has appointed Randy Nickerson to the position of Vice President of Exploration. Nickerson, who joins from Sanchez Oil & Gas will provide leadership and management of all company technical activities. Chief
Read moreLondon close: Stocks dive in late trading
28th Sep 2011 16:40
Stocks gave up an earlier rally to finish firmly in the red amid continued nervousness ahead of an audit of Greece's finances. There is speculation that some countries in the Eurozone are demanding that private investors take a bigger hit on their holdings of Greek debt. European Commission Presi
Read moreCaza's brave face does not wash
28th Sep 2011 13:16
The U.S focused exploration, appraisal, development and production company, Caza Oil, saw its share price drop more than 25% after it gave an update on its operations. The firm admitted that two of its O.B. Ranch wells have underperformed, after they produced combined gross rates of 34 barrels per
Read moreCaza Oil informs of progress on three of its projects
10th Jun 2011 12:54
The U.S focused exploration, appraisal, development and production company, Caza Oil, has today provided an operational update on three of its ongoing operations, at San Jacinto, Bongo and Windham, with all three projects progressing on or ahead of schedule. On the San Jacinto Property Caza was ab
Read moreJunior Oils Trust raises its stake in Caza to 9.1%
7th Jun 2011 16:00
Oil and gas firm Caza has today announced that the Junior Oils Trust informed it, on this past 6th of July, that it has purchased 1,000,000 common shares in the firm, so that its holdings have now increased to 15,000,000 shares, with its stake now at 9.1%. As of 16:01PM shares of Caza are rising b
Read moreCaza begins drilling a new appraisal well
18th May 2011 11:57
AIM-quoted Texan oil firm Caza Oil and Gas has announced the commencement of drilling at the company´s O.B. Ranch #2 appraisal well, which is a direct offset to the O.B. Ranch #1 discovery well. The new well is anticipated to have a total depth of 13,500 feet. As of 11:56 London time shares in C
Read moreCosts come down at Caza
12th May 2011 16:27
Oil and gas firm Caza increased average daily production by 266 barrels of oil equivalent (boe) in the first quarter from the preceding quarter. Average production increased by 26% to 23,974 boe in the first three months of the year from 19,073 boe in the previous quarter. The group's average lift
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