ZaZa Energy Corporation announced that it has completed the combination of Toreador Resources and ZaZa Energy LLC, creating an international resource-focused exploration and production company. 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. 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. The company also announced that it has issued senior secured notes with a principal amount of $100 million maturing in 2017 in a private placement to a group of investors led by MSD Energy Partners, L.P. and Senator Investment Group LP. The notes bear interest at a rate of 8% per annum, payable quarterly.