ZAZA ENERGY REPORTS MID-YEAR 2015 RESERVES AND OPERATIONAL UPDATE
· Mid-year 2015 proved reserves increased by 487% to 5.9 MMBOE from year-end 2014 · Proved developed reserves increased by 46% to 1.0 MMBOE · Pre-tax PV10 of proved reserves increased by 238% to $48.8 million · 3P reserves of 21.5 MMBOE with 270 drilling locationsHOUSTON, TX JULY 01, 2015 ZaZa Energy Corporation (“ZaZa” or the “Company”) (NASDAQ:ZAZA) today provided a reserves and operations update on the Company’s activities in the Eagle Ford East, where it has approximately 140,000 gross (35,000 net) acres within an Area of Mutual Interest (“AMI”) with EOG Resources (“EOG”). The