In the news release, "ZaZa Energy Announces Extinguishment of $50.1 Million of Debt," issued earlier today by ZaZa Energy Corp. (NASDAQ: ZAZA), we are advised by the company that the third paragraph contains an updated quote from CEO Todd A. Brooks. Complete corrected text follows. ZaZa Energy Announces Extinguishment of $50.1 Million of Debt [...]
ZaZa Energy Corp. today announced that the holders of all of the 8.00% Subordinated Notes due 2017, totaling ~$50.1 million in principal plus accumulated interest, have completed the exchange of their Notes for an overriding royalty interest in the Company's future lease acquisitions. All of these Notes were held directly or indirectly by the three [...]
Mid-year 2015 proved reserves increased by 487% to 5.9 MMBOE from year-end 2014 Proved developed reserves increased by 46% to 1.0 MMBOE Pre-tax PV10 of proved reserves increased by 238% to $48.8 million 3P reserves of 21.5 MMBOE with 270 drilling locations. ZaZa Energy Corp.) today provided a reserves and operations update on the Company's [...]
ZaZa Energy Corp. today announced that Ted Wicks, Executive Vice President, will present at the 6th Annual Global Hunter Securities (GHS) 100 Conference on Wednesday, June 24 at 10:30am Central Time. The conference will be held at the JW Marriot Hotel, Chicago, IL. Investors interested in meeting with the Company can contact a Global Hunter [...]
HOUSTON, TX--(Marketwired - May 14, 2015) - ZaZa Energy Corp. (the "Company" or "ZaZa") (NASDAQ: ZAZA) today announced results for the first quarter ended March 31, 2015. 2015 First Quarter Results For the first quarter ended March 31, 2015, the Company reported total oil and gas revenues of $1.3 million, as compared to $3.0 million for the first [...]
HOUSTON, TX--(Marketwired - April 30, 2015) - ZaZa Energy Corp. ("ZaZa" or the "Company") (NASDAQ: ZAZA) today announced that the Company has closed on a definitive agreement with an institutional investor for a cash financing of $2.5 million in gross proceeds. Under the terms of the agreement, ZaZa has issued shares of its newly designated Series [...]
HOUSTON, TX--(Marketwired - March 31, 2015) - ZaZa Energy Corp. (the "Company" or "ZaZa") (NASDAQ: ZAZA) today announced results for the year ended December 31, 2014. 2014 Financial Highlights Total production of 231.6 Mboe as compared to 131.3 Mboe in 2013, a 76.7% increase. Proved reserves increased by ~47% to 1,011 Mboe. Revenues of [...]
HOUSTON, TX--(Marketwired - February 25, 2015) - Lower Horizontal Glen Rose "G" Formation Initial Production Results Initiating Buda-Rose Vertical Well Drilling Program in Madison and Walker CountiesEast Texas Joint Operating Agreement Now Allows ZaZa to Propose Wells and Establish a Minimum Drilling PaceZaZa Energy Corp. ("ZaZa" or the "Company") (NASDAQ: ZAZA) today announced 30-Day production results from its East Texas Colburn #3H horizontal well ("Colburn #3H") in Walker County, Texas and the proposal of two n... [...]
ZaZa today announced results for its third quarter and for the nine months ended September 30, 2014. For the quarter ended September 30, 2014, the Company reported total revenues of $2.7 million, as compared to $1.1 million for the comparable 2013 period, an increase of approximately 144%. Operating costs and expenses for the third quarter ended [...]
ZaZa today provided an operational update concerning its East Texas development. The Company is pleased to report successful progress with its two active wells in East Texas: Josey Wales #1HR. The Company is preparing to test commingled production from two different types of completion approaches within the well's lateral: open-hole completion that [...]
ZaZa today announced that it will be reporting its results for the period ended September 30, 2014 on Wednesday, November 12, 2014 after market close. The Company also disclosed that it will be hosting a conference call and webcast to discuss its financial and operating results on Thursday, November 13, 2014 at 10 a.m. Eastern. Headquartered in [...]
ZaZa Energy Corp. (ZaZa or the Company) (NASDAQ:ZAZA) today announced the one-year production results (October 1, 2013 to September 30, 2014) from three of its East Texas vertical wells in Madison and Walker counties, Texas: Toby #1 (Toby). During 336 producing days, average three-stream production for the Toby well was approximately 539 [...]