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News Release

ZaZa Energy to Release Fourth Quarter and Year-End Earnings on March 23, 2012

HOUSTON--(BUSINESS WIRE)--Mar. 16, 2012-- ZaZa Energy Corporation (“the Company” or “ZaZa”) (NASDAQ: ZAZA) will release its 2011 pro forma fourth quarter and year-end earnings before the market opens on Friday, March 23, 2012. The Company has also scheduled a conference call the same day at 11:00 AM Eastern, to discuss financial results and current operations. The conference leader will be Craig M. McKenzie, President and Chief Executive Officer.

Approximately 10 minutes before the conference call participants who wish to ask questions during the call should dial 1(866) 277-1181 from within the U.S., or + (617) 597-5358 from outside the U.S., and provide the conference Passcode #46978070 to access the call.

Those who wish only to listen to the live audio webcast may access the webcast via ZaZa’s internet home page at www.zazaenergy.com by selecting the “Investor Relations” link on the home page and then selecting the “Conference Call” link, or click on this link http://phx.corporate-ir.net/preview/phoenix.zhtml?c=68298&p=irol-IRHome to access the call.

Those unable to participate in the live call may listen to the rebroadcast for up to twelve months after the conference call at www.zazaenergy.com by selecting the “Investor Relations” link on the home page and then selecting the “Conference Call” link. A replay of the call will be available after 1:00 PM Eastern on March 23 through March 30, 2012. To listen to the replay, dial 1(888) 286-8010 within the U.S., or + (617) 801-6888 from outside the U.S., and use Passcode #74215342 to access the call.

About ZaZa Energy Corporation

Headquartered in Houston, Texas, with offices in Corpus Christi, Texas and Paris, France, ZaZa Energy Corporation is a publicly traded exploration and production company with primary assets in the Eagle Ford, Eaglebine and Paris Basin resource plays. More information about the Company may be found at www.zazaenergy.com.

Safe Harbor Statement

Except for the historical information contained herein, the matters set forth in this news release are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. ZaZa intends that all such statements be subject to the “safe-harbor” provisions of those Acts. Many important risks, factors and conditions may cause ZaZa’s actual results to differ materially from those discussed in any such forward-looking statement. These risks include, but are not limited to, estimates of reserves, estimates of production, future commodity prices, exchange rates, interest rates, geological and political risks, drilling risks, product demand, transportation restrictions, actual recoveries of insurance proceeds, the ability of ZaZa to obtain additional capital, and other risks and uncertainties described in the company’s filings with the Securities and Exchange Commission. The historical results achieved by ZaZa are not necessarily indicative of its future prospects. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Source: ZaZa Energy Corporation

ZaZa Energy Corporation
Investors
Tony Vermeire
+33 1 47 03 34 24
tony.vermeire@zazaenergy.com
or
Corporate Secretary
Shirley Z. Anderson
T: +1 214 559-3933
shirley.anderson@zazaenergy.com