Notice of AGM

June 23, 2015

Caza Oil & Gas, Inc.

CAZA OIL & GAS ANNUAL GENERAL AND SPECIAL

MEETING OF SHAREHOLDERS

HOUSTON, TEXAS (Marketwire - June 23, 2015) - Caza Oil & Gas, Inc. (TSX:CAZ) (AIM:CAZA)is pleased to announce that Annual General and Special Meeting materials have been posted to shareholders and are available on its website at www.cazapetro.com in the "Investors" section under "Filings and Year End Reports" and on its issuer profile at www.sedar.com. As specified in the Management Information Circular, the meeting will be held on June 30, 2015, at the Company's offices at 10077 Grogan's Mill Road, Suite 200, The Woodlands, Texas 77380, at 10:00AM Central Daylight Time (CDT).

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.: Permian Basin (Southeast New Mexico and West Texas) and Texas and Louisiana Gulf Coast (on-shore).

For further information, please contact:

Caza Oil & Gas, Inc.

Michael Ford, CEO +1 432 682 7424

John McGoldrick, Chairman +351 282 471 010 (Portugal)

Cenkos Securities plc

Nick Tulloch +44 131 220 9772 (Edinburgh)

Neil McDonald +44 131 220 6939 (Edinburgh)

Vigo Communications

Chris McMahon +44 20 7016 9570

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