ZaZa Energy

In August of 2011, ZaZa Energy, LLC and Toreador Resources Corporation agreed to a merger that created a public company that trades on the NASDAQ under the ticker ZAZA.  The combined portfolio comprised three areas – the Eagle Ford core and the emerging Eagle Ford/Woodbine (“Eaglebine”) resource plays in Texas and the Paris Basin in France with a current total of 186,000 net acres. Both the Eagle Ford and Paris Basin businesses had strategic partnerships with subsidiaries of Hess Corp, but the joint-venture was later terminated and the companies divided acreage in both areas. ZaZa went on to sell its remaining interest in France to Vermillion Energy for $76 million in December of 2012

ZaZa's 157,000 net acres are comprised of the following:

  • 68,000 net acres targeting the Eagle Ford
  • 89,000 net acres targeting the Eaglebine and Woodbine

ZaZa's primary focus will remain exploring and exploiting portions of the Eagle Ford Shale Resource Play in Texas. The company has over 68,000 net acre is the area. Read more in our article on the ZaZa - Hess JV Termination.

Until the merger with Toreador, ZaZa Energy, LLC was a privately held Houston and Corpus Christi based independent oil and gas company. ZaZa Energy's strategy corners on the pursuit and development of unconventional oil and gas reserves. The management team’s has influenced or participated in the completion of over 6,000 horizontal wells. In addition, ZaZa Energy’s team has substantial onshore exploration and development experience in Europe, Asia, Africa, North and South America and continues to diversify their portfolio to include new production acquisitions worldwide.

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Counties Where ZaZa is Active

Eagle Ford

  • DeWitt County
  • Dimmit County
  • Fayette County
  • Frio County
  • Gonzales County
  • LaSalle County
  • Lavaca County
  • Zavala County


  • Grimes County
  • Madison County
  • Walker County

ZaZa Eagle Ford Shale Quarterly Commentary

February 2016

The company has not released public reports since 2013 and has been in a distressed list of oil and gas companies since November of 2015.  The company's accounting firm had filed a report with the SEC in March 2015 that iterated its doubt over the company's ability to continue. In July, EOG Resources Inc. (NYSE: EOG) notified ZaZa that it was in default on joint interest billings for a total amount of $3,174,692 under terms of its joint exploration and development agreement. That filing served as an indication that the dividends of the EOG relationship were diminishing.

CEO Todd Brooks and six other executives resigned for lack of payment and the offices appear to be closed, ,though there has been no public announcement.

March 2013

EOG Resources & ZaZa reach a joint venture agreement in the Eaglebine.

January 28, 2013

ZaZa Operations Update

July 26, 2012

ZaZa Energy Corporation (ZAZA) announced today that it has completed its transaction with Hess Corporation, announced on June 11, 2012. The transaction effectively terminates the Parties’ 2010 agreements in Texas and, following government approval, those in France, divides the Parties’ assets under those agreements; provides a further cash payment to ZaZa today of approximately $69 million; and allows ZaZa to pay down its $100 million senior secured notes due 2017 by $33 million.

Read the full release at

August 08, 2011

"Toreador Resources Corporation and ZaZa Energy, LLC (“ZaZa”), a privately held oil and gas company based in Houston, Texas, today announced that on August 9, 2011, they signed a definitive agreement to combine the companies. The combined portfolio comprises three areas – the Eagle Ford core and the emerging Eagle Ford/Woodbine (“Eaglebine”) resource plays in Texas and the Paris Basin in France with a current total of 423,000 net acres. Both the Eagle Ford and Paris Basin businesses have strategic partnerships with subsidiaries of Hess Corporation. Based on the closing share price of Toreador on Tuesday, August 9, 2011, the implied market capitalization for the combined company is approximately $294 million."

Read the full press release at