Ian Fay, Chief Financial Officer of ZaZa Energy Corporation (NasdaqCM:ZAZA), said, "We have been working aggressively to restructure and unencumber our balance sheet and over the coming months, we expect to enter into one or more financial transactions that will provide us with the flexibility we need to cover our future capital needs while providing financial flexibility as well to increase our capital access should the need arise and/or for opportunistic acreage acquisitions.”