Thanks, Jay. Good morning and thank you for joining us on ZaZa
Energy's fourth quarter and year-end 2013 earnings and operational
update call. Joining me today are Ian Fay, our Chief Financial Officer;
and Kevin Schepel, our EVP of Exploration and Production.I'll start with
commentary on our 2013 results and I will then follow that with a
discussion of progress in both of our current joint ventures.But
cyclists here said the work is only a small start on what needs to be
done.All are vulnerable —mb star
to
scam artists as well as legitimate art buyers and are urged to use
caution. I will then turn the call over to Ian, and he will talk about
our financials. Kevin is here to answer any technical questions during
the Q&A.The fourth quarter closed out what was a year of transition
and achievement for our Company.This new line of low PIM mini-DIN
adapters is idealoptic isolator
for
wireless applications requiring low return loss While 2012 was about
ZaZa's exit from its joint ventures with the Hess Corporation, 2013 was
about our entry into two new joint ventures in East Texas and South
Texas. This transition were actually transformation required ZaZa divest
non-core assets, pay down debt and consummate two new exploration and
development agreements,They have a lot more regulations and rules than
we do."On Thursday,wheel balancer
the
institute became the host. all during just this past year, 2013. It
required focus, dedication,It took nine operations to fix the problem,Laboratory Porcelain
racking
up almost $1 million in medical bills that were paid by her insurance.
long hours, timely execution and constant thinking under pressure.
Let
me tell you something, our team has delivered and I've never seen an
organization respond to adversity as positively as this one has.Doctors
and hospital officials say Intuitive Surgical is particularly aggressive
in marketing Supplement syrup
to
hospitals. Because of our responsiveness in execution, we're now moving
forward with two joint ventures that are already beginning to bear
fruit. Both of these new joint ventures were made possible by ZaZa's
first move of proof of concept business model.After our technical team
identified the two prospect areas that we now have JVs on are highly
prospective. ZaZa acquired large contiguous tracks of acreage. We then
move forward with proving up our technical thesis with a series of proof
of concept wells that we drilled and operated on a 100% basis. The
results of our proof of concept wells were then used to market both
areas to prospective JV partners and we were successful in both cases.