ZaZa's portfolio includes producing and exploration assets in the Eagle Ford and Eaglebine resource plays in Texas and the Paris Basin in France. In the merger, each share of Toreador was converted into one share of ZaZa common stock. Today, the common stock of ZaZa Energy Corporation begins trading on the NASDAQ exchange under the stock ticker symbol 'ZAZA'.

As previously disclosed, ZaZa's new Board of Directors includes five independent directors and four executive directors. The independent directors are: Travis Burris, Bernard de Combret, Adam Kroloff, Herbert Williamson and Fred Zeidman. The executive directors are: Todd Brooks, John Hearn, Gaston Kearby and Craig McKenzie. Fred Zeidman will serve as the non-executive Chairman of the Board. Craig McKenzie will serve as President and Chief Executive Officer, and Charles Campise will serve as the Company's Chief Financial Officer.

Craig McKenzie, President and Chief Executive Officer of ZaZa, said, 'We are pleased to have completed both the corporate combination and the new financing. ZaZa is poised to develop a unique asset portfolio of approximately 500,000 net acres in two world-class resource basins. Our goal is to provide immediate and sustainable production in the Eagle Ford and Eaglebine plays in Texas, while also progressing our position in the Paris Basin, France, where we have an attractive exposure to a very large oil resource. We look forward to realizing the significant potential of our compelling growth platform for the benefit of all stakeholders.'

Tags: Toreador Resources Corporation, ZaZa Energy