Latest Investor Presentation

April 24, 2012

Caza Oil & Gas, Inc.

CAZA OIL & GAS

LATEST INVESTOR PRESENTATION

HOUSTON, TEXAS (Marketwire - April 24, 2012)-- Caza Oil & Gas, Inc. ("Caza" or "the Company") (TSX: CAZ) (AIM: CAZA) announces that an updated corporate presentation is available on the Company's website (www.cazapetro.com). The Company also confirms that its report by Netherland, Sewell & Associates, Inc. as of December 31, 2011, entitled "Estimates of Reserves and Future Revenue to the Caza Petroleum, Inc. Interest in Certain Oil and Gas Properties Located in Louisiana, New Mexico, and Texas as of December 31, 2011" is also on SEDAR at www.sedar.com.

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

The Toronto Stock Exchange has neither approved nor disapproved the information contained herein.