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ZaZa Energy (OTC:ZAZA) +21.2% premarket after agreeing to sell its Eagle Ford Moulton assets in...

Mar. 25, 2013 8:12 AM ETZaZa Energy Corporation (ZAZA) StockZAZABy: Carl Surran, SA News Editor

ZaZa Energy (OTC:ZAZA) +21.2% premarket after agreeing to sell its Eagle Ford Moulton assets in Texas, including seven producing wells, in two separate transactions for a combined price of $52.5M, and signs a joint exploration and development agreement "with one of the largest independent crude oil and natural gas companies" in the U.S. to develop assets elsewhere in Texas.

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