ZaZa Energy Corporation., has provided the Midyear production update for FY-2105.
The Update elaborates that reserves increased by 487% to 5.9 MMBOE from year-end 2014.
Proved developed reserves increased by 46% to 1.0 MMBOE.
The update is on the firms activities in the Eagle Ford East, where it has approximately 140,000 gross (35,000 net) acres within an Area of Mutual Interest with EOG Resources.
View the full release here.