August 14, 2008

Caza Oil & Gas, Inc. ("Caza" or the "Company")

Total Voting Rights

Houston, Texas (August 14, 2008) - Caza (AIM: CAZA & TSX: CAZ) notifies the market of the following:

Following the recent completion of the Company's placing of 50,000,000 new common shares, Caza's issued and outstanding share capital consists (on a non-diluted basis) of 119,319,000 common shares with voting rights.  Therefore, the total number of outstanding voting rights in Caza as at the date hereof is 119,319,000.

The foregoing number has been provided for the sole purpose of assisting shareholders to determine if they should notify the Company of their interest in, or of a change to their interest in, the Company in accordance with the vote holder and issuer notification requirements incorporated by reference (from Chapter 5 of the Disclosure and Transparency Rules as set out in the UK Financial Services Authority Handbook, as amended from time to time) into the Company's articles of incorporation.

Caza will make further announcements (from time to time, if necessary) at subsequent calendar month ends as contemplated by DTR 5.6.1 (which is incorporated by reference into Caza's articles of incorporation).

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.

For further information contact:

John McGoldrick, Executive Chairman, Caza Oil & Gas, Inc.    +1 281 363 4442

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

(Nominated Adviser and Joint Broker)

Peter Reilly, Aquila Financial Ltd                                                 +44 (0) 118 979 4100

(Financial Public Relations Advisers)

www.cazapetro.com

• News Channel