EOG – ZaZa Joint Venture in the Eaglebine

EOG Will Operate And Commence Drilling Early In 2013
ZaZa Energy Eaglebine Map

ZaZa Energy Eaglebine Map | Click to Enlarge

ZaZa Energy and EOG Resources have reached terms on a joint venture (jv) targeting the Eaglebine in Grimes, Madison, Montgomery, Trinity, and Walker counties.

ZaZa is also selling Eagle Ford acreage in separate transactions. Two deals for more than 10,000 acres in the Moulton area were sold to undisclosed buyers for $52.5 million. [Read more…]