ZAZA ENERGY REPORTS 2015 FIRST QUARTER FINANCIAL RESULTS
HOUSTON, TX (May 14, 2015) – ZaZa Energy Corporation (the “Company” or “ZaZa”) (NASDAQ: ZAZA) today announced results for the first quarter ended March 31, 2015. 2015 First Quarter Results For the first quarter ended March 31, 2015, the Company reported total oil and gas revenues of $1.3 million, as compared to $3.0 million for the first quarter ended March 31, 2014. This decrease was primarily due to the decline in crude oil prices and, to a lesser extent, lower production volumes. Operating costs and expenses were $6.1 million as compared to $6.4 million for the first