Annual Financial Report and Result of AGM

June 14, 2012

Caza Oil & Gas, Inc.

AVAILABILITY OF ANNUAL REPORT AND ACCOUNTS AND RESULT OF AGM

HOUSTON, TEXAS (Marketwire - June 14, 2012) - Caza Oil & Gas, Inc. ("Caza" or the "Company") (TSX: CAZ) (AIM: CAZA) confirms that it has posted its annual report and accounts for the year ended December 31, 2011 to shareholders and that copies are available on the Company's website at www.cazapetro.com.

Caza also confirms it held its Annual General Meeting on June 8, 2012. Shareholders approved all resolutions put to the meeting.

About Caza

Caza is engaged in the acquisition, exploration, development and production of hydrocarbons in the following regions of the United States of America through its subsidiary, Caza Petroleum, Inc.: Texas and Louisiana Gulf Coast (on-shore), and the Permian Basin (West Texas and Southeast New Mexico).

For further information, please contact:

Caza Oil & Gas, Inc.

Michael Ford, CEO +1 432 682 7424

John McGoldrick, Chairman +44 7796 861 892

Cenkos Securities plc

Jon Fitzpatrick +44 20 7397 8900 (London)

Beth McKiernan +44 131 220 6939 (Edinburgh)

VSA Capital Limited

Andrew Raca +44 (0)20 3005 5004

Malcolm Graham-Wood +44 (0)20 3005 5012

M:Communications

Patrick d'Ancona +44 20 7920 2330

Chris McMahon