Exploration & Production | Deals - Joint Ventures | Top Story | Quarterly / Earnings Reports
ZaZa's Eaglebine JV Moving Forward; Well Plans Outlined
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ZaZa Energy Corporation has reported financial and operational results for its second quarter and six months ended June 30, 2013.
2013 Second Quarter ResultsFor the quarter ended June 30, 2013, the Company reported total revenues and other income from continuing operations of $2.4 million as compared to $3.1 million reported for the comparable 2012 period. This decrease is primarily due to the loss of the Cotulla revenues of $2.5 million as a result of the division of assets from ZaZa’s former joint venture, partially offset by additional revenue realized from the Boening A1H well in Sweet Home, the increase in Moulton production from the Crabb Ranch A-1H well and the non-operated Ring Unit wells.
Operating costs and expenses for the second quarter ended June 30, 2013 were $107.1 million…
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