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24/04/2012

Caza Oil & Gas CEO says he wants to “aggressively” grow reserves

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Market: AIM, TSX
Sector: Energy
EPIC: CAZA
Latest Price: 6.75p  (0,00%)
52-week High: 29.50p
52-week Low: 6.63p
Market Cap: 11.12M
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Caza Oil & Gas
www.cazapetro.com

Based in The Woodlands, Texas, Caza Oil & Gas, Inc. is engaged in the acquisition, exploration, development and production of hydrocarbons in the Texas Gulf Coast, South Louisiana, Southeast New Mexico and the Permian Basin of West Texas regions of the United States through its subsidiary, Caza Petroleum. Caza Oil & Gas, Inc. is listing on both AIM, a market operated by London Stock Exchange plc, and the Toronto Stock Exchange.

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Caza Oil & Gas hires Randy Nickerson as vice president of exploration

7th Nov 2011, 7:40 am by Giles Gwinnett Nickerson joins the company from Sanchez Oil & Gas and he has a successful track record in the US of dealing with 3D seismic data and analysis resulting in producing discoveries

Randy Nickerson has been appointed as vice president of exploration, Caza Oil & Gas (LON:CAZA, TSE:CAZ) told investors today.

Nickerson joins the company from Sanchez Oil & Gas and he has a successful track record in the US of dealing with 3D seismic data and analysis resulting in producing discoveries.

In the last six years, he has focused on Louisiana and Texas.

Caza's chief executive W. Michael Ford said this morning: "Randy Nickerson is an outstanding appointment for Caza at an important stage in our company's growth.

The CEO said Nickerson's experience in onshore Texas and Louisiana would enable him enable him to make an immediate contribution to the firm's ongoing exploration and production activities.

"His strong management skills will directly impact the company's ambitions for growth," he added.

Caza's new vice president of exploration began work with Gulf Exploration & Production Company and has also been at Amerada Hess Corporation, North Central Oil Corporation, Coastal Oil & Gas Corporation and Dominion Exploration & Production.

He joins from Sanchez Oil & Gas where he began as chief geophysicist before becoming Sanchez's vice president for exploration.

While there he managed more than 2,000 sq miles of new 3D data and drilled 30 wells in 2010, which led to 25 discoveries in both conventional and shale plays onshore Texas and Louisiana, said Caza.

Caza is focused on the exploration, development and production of hydrocarbons in the Texas Gulf Coast, South Louisiana, Southeast New Mexico and the Permian Basin of West Texas.

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