HOUSTON, TEXAS–( EMWNews – April 8, 2008) – Caza Oil & Gas, Inc. (“Caza or the “Company”) (TSX:CAZ)(AIM:CAZA) –

Caza is delighted to announce that yesterday it appointed Mr. Cornelius Dupre II as a non-executive director of Caza.

Mr. Dupre, aged 56, has extensive experience in the oil services business. He was the Founder, Chairman and Chief Executive Officer of the Dupre Companies, a group of oilfield service companies. In 1999 the Dupre Companies merged with National Oilwell, Inc. and Mr. Dupre became Senior Vice-President, Sales & Marketing, of National Oilwell, Inc. where he served until May 2004.

Mr. Dupre currently holds 312,500 common shares of the Company (“Common Shares”), amounting to 0.45% of the issued share capital of the Company. Pursuant to the Company’s Option Plan, on his appointment as a non-executive director of Caza Mr. Dupre was granted options over 500,000 Common Shares at an exercise price of Cdn$0.60 (approximately 30 pence) per Common Share, which was the closing price of the Common Shares on the Toronto Stock Exchange on April, 7 2008. The options will vest as to 33 1/3% on the first anniversary of the date of grant and as to 33 1/3% on each subsequent anniversary of the date of the grant and will be exercisable until April 6, 2018.

Mr. Dupre’s appointment is subject to the approval of the Toronto Stock Exchange.

Commenting on the appointment, John McGoldrick, Executive Chairman of Caza said: “I am delighted that Cornelius has agreed to join the Board of Caza. Cornelius is very well known within the oil and gas industry and his business acumen, experience and knowledge will be of immense value to Caza as we continue to grow our business.”

Change to date of the AGM:

The Board of Directors announces that it has re-scheduled the Company’s AGM which will now be held at 10.00am on May 27, 2008 at the Woodlands Waterway Marriott, located at 1601 Lake Robbins Drive, The Woodlands, Texas.

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.

Additional information:

In accordance with Schedule 2(g) of the AIM Rules, the following information in relation to the appointment of Mr. Cornelius Dupre II as a director of Caza is disclosed:

Current partnerships:

KSW Oilfield Rental, LP

Dolphin Compactors and Equipment, Inc.

Dolphin Energy Equipment, Inc.

Foundation Energy Company, LLC

Venture Transport, LLC

Dupre Interests, LLC

Save for the information disclosed above and for certain partnership participations which are held for investment purposes only, there is no other information falling to be disclosed under Schedule 2(g) of the AIM Rules in relation to the appointment of Mr. Dupre as a director of Caza.