ZaZa Energy Corp. company founders, or their interests, are to receive an overriding royalty interest (ORRI) in the company’s future lease acquisitions in exchange for the retirement of about $50 million in debt they held, the struggling Houston-based Eagle Ford Shale player said Monday.
Zaza
Articles from Zaza
ZaZa and Sabine Ink JV Deal for South Texas Play
ZaZa Energy Corp. recently struck a joint venture (JV) deal with Sabine Oil & Gas LLC unit Sabine South Texas LLC to jointly develop its Sweet Home prospect in the Eagle Ford Shale.
November 19, 2013
ZaZa, EOG Step Up Eagle Ford JV Activity
ZaZa Energy Corp. and joint venture (JV) partner EOG Resources Corp. have revised their agreement in order to further develop and expand their Eaglebine/Eagle Ford Shale East assets
October 1, 2013
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