Exploration & Production | Deals - Joint Ventures | Quarterly / Earnings Reports
Eaglebine JV Headlines ZaZa's Q1
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ZaZa Energy Corporation has reported operational and financial results for its first quarter ended March 31, 2013.
Todd A. Brooks, President and Chief Executive Officer, stated, "Our joint venture in the Eaglebine allows us to continue to de-risk our multi-target acreage position and grow our production base while substantially reducing our immediate capital spend requirements. We own attractive acreage in the Eagle Ford, and we will continue to divest portions of our position throughout the year as we focus our resources on the emerging and exciting, multifaceted Eaglebine play. We have aligned ourselves with the right industry players and ZaZa is a stronger company today as a result. As the single largest shareholder, I remain confident in our future and our ability to generate both…
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