The deal should also help Zaza reconcile a complication with a previous joint venture with Range Resources that stemmed from a lost casing in Zaza's Stingray well.
Houston-headquartered Zaza said in a statement on Monday that it has inked a new exploration and development deal with “one of the largest independent crude oil and natural gas companies” in the US.
It did not name its partner in the release, but identified the "counterparty" in a securities filing as Eagle Ford champion EOG Resources.
EOG
