Caza Oil & Gas, Inc. provided an operational update on the Bradley 29 Prospect in Eddy County, New Mexico.
The Bradley "29" Fed Com No. 3H horizontal well has reached its total measured depth of approximately 12,690 feet, which includes a lateral open-hole section of 4,165 feet.
The lateral section was drilled in the target objective 2nd Bone Spring sand. After correlating and reviewing log data, which indicates multiple shows for oil and natural gas throughout the 2nd Bone Spring lateral, Caza has elected to participate with the operator's recommendation to frac and complete the well in the 2nd Bone Spring sand.
The frac job is scheduled to occur on or around June 14, 2012. Caza has a 20% working interest and a 15% net revenue interest in the Bradley "29" Fed Com No. 3H well.