The company posted a loss of $8.5 million in 2013, as opposed to $12.2 million in 2012.
Revenue for the full-year to the end of 2013 increased by 67% on the previous year, with the company taking in $8.31 million.
Caza chief executive Michael Ford said the company made significant progress in 2013.
“The latter portion of the year was particularly positive with material increases in both production and revenues,” he said.
“Those efforts resulted in significant growth to cashflow, revenue and reserve values in 2013, and we intend to capitalise on that success with even greater growth during the course of 2014."
Production increased 19% over the year to 338 barrels of oil equivalent per day, increasing from 285 boe in 2012.