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DIGITALX LIMITED Capital/Financing Update 2010

Dec 15, 2010

64762_rns_2010-12-15_1efe6d8e-67a5-4201-830f-17c74671b169.pdf

Capital/Financing Update

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ASX Announcement

16 December 2010

The Manager Company Announcements Office ASX Ltd 4th Floor, 20 Bridge Street SYDNEY, NSW 2000

Dear Sir,

Bongo Prospect - Initial Production Rates

Further to the announcement on 14 December, Verus Investments Ltd (‘Verus’; ASX code: VIL) is pleased to provide the following update on the Company’s investment in the Bongo Prospect in Wharton County, Texas.

Caza Oil & Gas, Inc. (Caza; TSX: CAZ, AIM: CAZA), Verus’ partner and operator of the Bongo Prospect, has provided the following update:

“Initial production rates through the permanent facilities are approximately 2.48 million cubic feet of natural gas per day, 400 barrels of oil per day and 190 barrels of water per day in total. The well is producing on a 9/64th choke at 6,100 pounds per square inch flowing tubing pressure and still has approximately 750 barrels of fracture fluid to recover. The production rates are being closely monitored, and Caza will provide an update once the rates and flowing tubing pressure have stabilised.”

“These initial production results provided by Caza are certainly encouraging and represent a significant result for the Company” Verus Chairman Mr Andrew McIlwain said.

Caza’s announcement to the TSX and AIM is attached.

Verus has a 9.375 per cent working interest (WI) in the Bongo Prospect.

For further information in respect of the Company’s activities, please contact:

Mr. Andrew McIlwain Mr. Nathan Ryan Mr. CraigNelmes
Chairman NWR Communications
Investor Relations
Finance & Administration
Tel:(+61 3)9817 5067 Tel:(+61 0)420 582887 Tel:(+61 8)9240 8645

Office Address: Ground Floor, 30 Ledgar Road, Balcatta, Western Australia 6021 Postal Address: PO Box 717, Balcatta, Western Australia 6914 Phone: +61 (0)8 9240 8645 Fax: +61 (0)8 9240 2406 Email: [email protected] Web: www.verus.com.au

Caza Oil & Gas, Inc.

TSX: CAZ

AIM: CAZA

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Dec 15, 2010 02:00 ET

Caza Oil & Gas Announces Commencement of Production on O.B. Ranch #1 Well

HOUSTON, TEXAS--(Marketwire - Dec. 15, 2010) - Caza Oil & Gas, Inc. (TSX:CAZ)(AIM:CAZA) ("Caza" or the "Company") is pleased to advise that permanent production facilities are in place, and the O.B. Ranch #1 well on the Bongo Prospect in Wharton County, Texas was placed on production on 13 December 2010.

Initial production rates through the permanent facilities are approximately 2.48 million cubic feet of natural gas per day, 400 barrels of oil per day and 190 barrels of water per day in total. The well is producing on a 9/64[th] choke at 6,100 pounds per square inch flowing tubing pressure and still has approximately 750 barrels of fracture fluid to recover. The production rates are being closely monitored, and Caza will provide an update once the rates and flowing tubing pressure have stabilised.

Caza has acquired an additional 2.0% working interest from an internal partner increasing our working interest to 45.28% and our net revenue interest to approximately 33.51% in the well and production.

In accordance with AIM Rules – Guidance Note for Mining, Oil and Gas Companies, the information contained in this announcement has been reviewed and approved by Anthony B. Sam, Vice President Operations of Caza who is a Petroleum Engineer and a member of The Society of Petroleum Engineers.

ADVISORY REGARDING FORWARD LOOKING STATEMENTS

Information in this news release that is not current or historical factual information may constitute forward-looking information within the meaning of securities laws. Such information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "schedule", "continue", "estimate", "expect", "may", "will", "project", "predict", "potential", "intend", "could", "might", "should", "believe", "develop", "test" and similar expressions. Information regarding the Bongo Prospect, O.B. Ranch #1 well and/or production or flow rates contained in this news release constitute forward-looking information within the meaning of securities laws. Implicit in this information, particularly in respect of "Bongo Prospect", "O.B. Ranch #1 well", "completion" and "initial production rates" are assumptions regarding projected revenue and expenses and well performance. Specifically, the Company has assumed that the wells, prospects and/or activities will produce positive results. These assumptions, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Readers are cautioned that actual future operating results and economic performance of the Company are subject to a number of risks and uncertainties, including general economic, market and business conditions and could differ materially from what is currently expected as set out above. In addition, the geotechnical analysis and engineering to be conducted in respect of the O.B. Ranch #1 well is not complete. Future flow rates from the well may vary, perhaps materially, and the well may prove to be technically or economically unviable. Any future flow rates will be subject to the risks and uncertainties set out herein.

For more exhaustive information on these risks and uncertainties you should refer to the Company's most recently filed annual information form which is available at www.sedar.com. You should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While we may elect to, we are under no obligation and do not undertake to update this information at any particular time except as may be required by Securities laws.

The Toronto Stock Exchange has neither approved nor disapproved the information contained herein.