Exploration & Production
ZaZa Energy Commences Eaglebine Drilling
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Todd A. Brooks, President and Chief Executive Officer, said, "We are pleased to begin drilling in this exciting resource play that marks the Eastern trend of the Eagle Ford. The organic rich geologic horizon is thicker and has a higher sand concentration than that seen in the Eagle Ford core, offering higher resource potential per acre at lower drilling costs.
Judging by the recent success of other operators in the area, we are very optimistic about our prospects in this resource play, and look forward to advancing our drilling program while simultaneously running our strategic review process to identify a joint venture partner."
ZaZa's portfolio of assets now includes approximately 72,000 net acres in the Eagle Ford core, 90,000 nearly contiguous net acres in the Woodbine/Eaglebine play…
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