Texas-based Caza Oil & Gas said that it has been advised by its drilling contractor Nabors Drilling USA, that the Nabors Rig 4 is continuing operations at its Arran prospect.
The site preparations are now substantially complete and the company is ready to receive the Nabors Rig 4 immediately following its release.
Caza has a 25% working interest before casing point and a 35.94% working interest after casing point in the Marian Baker #1 well with an approximate net revenue interest of 26.24%.
The Arran prospect is located in Acadia Parish, Louisiana.
Caza Oil & Gas is engaged in the acquisition, exploration, development and production of hydrocarbons in the Texas Gulf Coast and various parts of US through its subsidiary, Caza Petroleum.