ZaZa Energy (ZAZA +0.9%) announces a new purchase and sale agreement for ~10,300 net acres of...

|About: ZaZa Energy Corporation (ZAZA)|By:, SA News Editor

ZaZa Energy (ZAZA +0.9%) announces a new purchase and sale agreement for ~10,300 net acres of the company's Moulton properties in the Eagle Ford shale for $28.8M. ZAZA terminated its agreement with the original purchasing party that unable to fund and close the transaction.