ZaZa Energy (ZAZA +0.1%) enters into an exclusivity agreement relating to the potential sale of...

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

ZaZa Energy (ZAZA +0.1%) enters into an exclusivity agreement relating to the potential sale of its French arm following "an unsolicited request from an interested party." ZaZa's France assets consist of ~24K acres of conventional producing assets in the Paris Basin, France; it will look to focus on its Eagle Ford and Eaglebine resource plays in Texas.