Holding(s) in Company

September 30, 2011

Caza Oil & Gas, Inc.

CAZA OIL & GAS

HOLDINGS IN COMPANY

HOUSTON, TEXAS (Marketwire - September 30, 2011) - Caza Oil & Gas, Inc. (the "Company") (TSX: CAZ) (AIM: CAZA) has announced today that it was informed on September 29, 2011, that following a purchase of 1,400,000 ordinary shares in the Company completed on September 28, 2011, the Junior Oils Trust now holds 16,400,000 shares representing 9.97 percent of the issued shares of the Company.

For further information, please contact:

Caza Oil & Gas, Inc.

Michael Ford, CEO +1 432 682 7424

John McGoldrick, Chairman +1 832 573 1914/+44 7796 861 892

Cenkos Securities plc

Jon Fitzpatrick +44 20 7397 8900 (London)

Beth McKiernan +44 131 220 6939 (Edinburgh)

M:Communications

Patrick d'Ancona +44 20 7920 2330 (London)

Chris McMahon