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http://mobile.reuters.com/article/idUSKBN0KA1OP20150101?irpc=932

http://mobile.reuters.com/article/idUSKBN0JQ0DV20141212?irpc=932

http://m.theglobeandmail.com/news/alberta/energy-economist-peter-tertzakian-takes-a-bullish-view-on-alberta-oil/article22209229/?service=mobile

https://www.google.com/finance?cid=13097209

What a great result!!!

we are expecting results very soon!!! We should be in the 10-12p range in no time!!

Good write up; the "Obama hates fossil fuels" (repeated) is a bit OTT. Reminds me of a Republican senator at the time when the Democrats were trying to force car manufactures to increase fuel efficiency "It is every american's right to drive any car he wants" On a more down to earth vein I had a look at the Fasken Quail wells in section 16 right next door to our (Mewbourne) Marathon Road Section 15 wells. The well I was most interested in was No4 as it had a flow rate very similar to the first MR well. The Fasken well has produced 200k in a little over ten months in 2013 (very similar to MR 1 but the interesting thing is that it looks like being on course to produce 150k in 2014. With the second MR well fracked and the third being drilled (drilled ?) with a following wind these three wells could produce 200 boed(90% oil) TO CAZA throughout 2015. To put this in perspective, if we use the historical data of a 1000 boe (initial flow) well giving 200 boed average for its first year Caza would have to pay the full $7m to get this 100% 200 boed for a year. The MR wells cost Caza c. $1m a time and the first one has certainly paid back. The first MR well was drilled in January and the Fasken well before that so I'm not sure of the fracking technique used but the I certainly have seen repeated references recently to improved drilling techniques regarding break even in the US and the Saudi "plan/plot" The improved fracking (highlighted in the recent presentation) would appear to have lifted production at Broadcaster by an amazing amount when you consider it is the other half of our West Copperline property. If and I stress IF the improved techniques continue to lift production then the break even/ production costs fall as all other costs are fixed, for the moment. If you the put increased production together with falling drilling costs the break even price comes down further. MRE is still the big one for Caza and we should get news next week.

copy everything from http to the 66 in your explorer https://wwwapps.emnrd.state.nm.us/OCD/OCDPermitting/Report/Fracking/FrackingFluidDisclosure.aspx?PermitID=42,182,7,108,178,113,183,66

https://wwwapps.emnrd.state.nm.us/OCD/OCDPermitting/Report/Fracking/FrackingFluidDisclosure.aspx?PermitID=42,182,7,108,178,113,183,66 thanks BROOKIE2441 on advfn

so there are take over rumors, Caza according to the latest company presentation is well undervalued compared with other players in the zone, our sp based on that should be 60p (the sp was 11p when they stated it in the oil barrel presentation) Now even knowing that "rumors of Caza takeover indeed increasing" you are saying that we will go below 5p...sorry but I don't understand your logic

Take over? Well, the market cap now is a joke. What sp did you hear? 60p?

http://www.iii.co.uk/articles/210321/city-view%3A-best-time-buy-oil-stocks-2009

comparing the other players in the same area, and the price per acre valuation CAZA is well under valuated, to reach the average valuation of the other players we need to multiply our market cap by six!!!! That part of yesterday presentation really got my attention....we should be at 60p already...in two more weeks we will have more oil in production. Lets see how the market reacts, but today we had a good start...

http://uk.advfn.com/news/UKREG/2014/article/64630416?xref=newsalerttweet&adw=1126416

The Bone Spring Play in the Delaware Basin of Southeast New Mexico and West Texas affords Caza the benefit of generating approximately 80% of its total hydrocarbon production from oil and NGLs. This allows the Company to achieve high internal rates of return (IRR) which may not be afforded by other so called "shale plays". Specifically, the Bone Spring Play is made up of mostly tight, clastic, oil reservoirs, not shale (although several economic shale sections are present throughout the play, including the Avalon), that have historically produced from vertical wells. Caza is merely using unconventional methods to extract the hydrocarbons at much higher rates than would be achieved with conventional methods. Caza believes these characteristics provide an opportunity to achieve acceptable IRRs at commodity prices that are much lower than those that currently exist. Although commodity prices have declined recently, Caza believes that this play continues to be viable, and plans to maintain its current drilling program. The Company is also protected from the impact of a lower oil price environment by having favorable hedges in place on approximately 75% of the Company's proved developed producing reserves, as well as an on-going hedging strategy in operation as part of the continuous management of its business risk.

...won’t last long http://www.telegraph.co.uk/finance/oilprices/11262690/Why-black-golds-low-prices-wont-last-long.html "The current oil price dip is temporary and crude will return to $100 a barrel by mid-2015"