ZaZa Energy Corp. (NASDAQ:ZAZA) reports that Paul F. Jansen, currently the company’s chief accounting officer (CAO) , has also assumed the role of CFO.
Prior to joining the company in March 2013, Jansen was controller and CAO for Crimson Exploration Inc. Previously, he worked for PricewaterhouseCoopers LLP, serving public and private clients in the oil and gas industry.
Jansen replaces Ian H. Fay, whose focus was on streamlining the company and restructuring the balance sheet in preparation for further development of its acreage. Fay will continue to serve as an outside strategic advisor to ZaZa, the role he played for ZaZa and other companies prior to assuming the position of CFO.
Headquartered in Houston, ZaZa Energy is an independent oil and gas company focused on the exploration and production of unconventional oil and gas assets. The company currently operates primarily through joint ventures in the Eaglebine trend in East Texas and the Eagle Ford trend in South Texas.