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Saturday, August 18, 2012 12:38:24 AM
On Watch~$ZAZA 3.34, ZaZa Energy commences drilling in Eaglebine (75% working interest) (3.34 -0.02)
Ive Been watching this one
Co announced today that it has commenced drilling its first well in the Woodbine region of Texas (also known as the Eaglebine). The well is located on acreage acquired through a transaction with Range Texas Production (RRC unit), announced on March 29, 2012. Under the terms of the transaction with Range, ZaZa obtained a 75% working interest in the acquired acreage, became the designated operator, and has fulfilled its obligation to commence operations on the first well within the agreed upon timeframe.
Waiting on confirmation but like the all in all set up and potential upside in this chart. Has to hold 3.29 support here
Ive Been watching this one
Co announced today that it has commenced drilling its first well in the Woodbine region of Texas (also known as the Eaglebine). The well is located on acreage acquired through a transaction with Range Texas Production (RRC unit), announced on March 29, 2012. Under the terms of the transaction with Range, ZaZa obtained a 75% working interest in the acquired acreage, became the designated operator, and has fulfilled its obligation to commence operations on the first well within the agreed upon timeframe.
Waiting on confirmation but like the all in all set up and potential upside in this chart. Has to hold 3.29 support here
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