The Marian Baker #1 well is expected to encounter multiple, potential, hydrocarbon bearing reservoir sections.
Arran is regarded by the company to be a multi-segment prospect, with prospective reservoirs supported by AVO data within a proven play fairway.
Caza has acquired additional working interest from two internal partners in the prospect.
The company will now participate with 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%.
