CAZA Caza Oil & Gas

RNS Number:7462T
Caza Oil & Gas, Inc.
06 May 2008



CAZA OIL & GAS, INC. ("Caza" or the "Company") (TSX:CAZA)(AIM:CAZ)


CHANGE OF SHAREHOLDING


HOUSTON, TEXAS (May 6, 2008). The Board of Caza announces that it became aware
on 3 May 2008 that Millennium Global Natural Resources Fund (the "Fund")
purchased 3,118,500 common shares of Caza through the facilities of the Toronto
Stock Exchange on 30 April 2008. The 3,118,500 common shares purchased by the
Fund represent approximately 4.50% of the issued and outstanding common shares
of Caza. The Fund acquired these 3,118,500 shares at a price of Canadian $0.60
per common share.

The Board of Caza understands that, as a consequence of this acquisition of
common shares, the Fund now owns or exercises control over 7,700,000 common
shares of Caza, representing 11.11% of the current issued and outstanding common
shares of Caza.  In addition Caza understands that the Fund also owns or
exercises control over 2,000,000 warrants exercisable to purchase 2,200,000
common shares of Caza.


FOR FURTHER INFORMATION PLEASE CONTACT:



Caza Oil & Gas, Inc.
John McGoldrick
Executive Chairman
+1 281 363 4442
Website: www.cazapetro.com


OR


Noble & Company Limited
Nick Naylor / Jamie Boyd
Nominated Adviser
+44 (0) 20 7763 2200




                      This information is provided by RNS
            The company news service from the London Stock Exchange
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