June 12, 2009

Caza Oil & Gas, Inc.: ANNOUNCES POSTING OF ANNUAL REPORT & ACCOUNTS 2008

HOUSTON, TEXAS-(Marketwire - June 12, 2009) - Caza Oil & Gas, Inc. ('Caza' or the 'Company') (TSX:CAZ) (AIM:CAZA) announces that the Company's Annual Report & Accounts for the year ended December 31, 2008 (the 'Results') have been posted to its shareholders.  The Company's Annual General Meeting to approve the Results will be held at 10:00 a.m. (Houston time) on June 16, 2009, at 2002 Timberloch Place, Suite 500, The Woodlands, Texas 77380, USA.

Copies of the Annual Report & Accounts are available at the Company's place of business, 2002 Timberloch Place, Suite 500, The Woodlands, Texas 77380, USA and at the office of the Company's Nominated Advisor, Hanson Westhouse Limited, One Angel Court, London EC2R 7HJ, United Kingdom.

The Annual Report & Accounts is also available at the Company's website www.cazapetro.com in accordance with AIM Rules for Companies.

About Caza

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

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