The
UK-listed
company
said
the
well
reached
the
intended
vertical
depth
of
3581.4
metres
and
log
data
and
core
samples
had
now
been
obtained.
“The
Permian
basin
is
known
for
stacked
pay
zones,
and
log
and
core
data
from
the
well
have
confirmed
the
presence
of
multiple
potential
pay
zones
containing
oil
and
liquids-rich
natural
gas,”
Caza
chief
executive
W
Michael
Ford
said
in
a
statement.
The
horizontal
section
will
be
drilled
through
the
primary
objective
Lower
Third
Bone
Spring
sand,
targeting
an
interval
at
3464
metres
deep.
The
section
is
planned
to…
