One-Page Deal Sheet
Paris Basin-Focused ZaZa Merges with Vermilion
Vermilion Energy Inc. Zaza Energy Corp
Announced Date
December 27,2012
Effective Date
October 01,2012
Close Date
December 27,2012
Transaction Type
Corporate
Enterprise Value (EV)($MM)
76
Transaction Details: Subscribe to see
Vermilion Energy Inc. has completed its previously announced transaction with ZaZa Energy Corporation whereby Vermilion, through its wholly owned subsidiaries, has acquired 100% of the shares of ZaZa Energy France S.A.S (ZEF).
ZEF's operating interests cover approximately 24,300 acres with 100% working interests in the Saint Firmin, Chateaurenard, Courtenay, Chuelles, and Charmottes fields in the Paris Basin. Current production is approximately 850 bbl/d of light Brent-based crude oil (approximately 27˚API). Proved plus probable developed producing reserves(1) at December 31, 2012 , as…