Item 1.01 Entry into a Material Definitive Agreement.

As previously reported, on February 21, 2012, the Company issued and sold Senior Secured Notes due 2017 in the aggregate principal amount of $100,000,000 and warrants to purchase shares of the Company's common stock pursuant to a securities purchase agreement (the "Secured Purchase Agreement") with the purchasers thereunder (collectively, the "Secured Purchasers"). Effective December 17, 2012, the Company and the Secured Purchasers entered into an Amendment No. 4 to the Secured Purchase Agreement ("Amendment No. 4"), pursuant to which the Secured Purchase Agreement was amended to permit the intercompany transfer of certain intercompany loans in connection with the closing of the sale of the Company's French subsidiary ZaZa Energy France SAS, revise certain defined terms in the Secured Purchase Agreement and in the warrants issued in connection therewith, and make certain other changes.

The foregoing description of Amendment No. 4 is not complete and is qualified in its entirety by reference to the full text of such agreement, which is filed herewith as Exhibits 4.1, the terms of which exhibit are incorporated into this Item 1.01 by reference.

Item 9.01 Financial Statements and Exhibits

Exhibit No. Description 4.1 Amendment No. 4 to Securities Purchase Agreement dated as of December 17, 2012

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