Sanchez Energy News

Sanchez Energy: A Big Bet On Making American Oil Great Again

Sanchez Energy: A Big Bet On Making American Oil Great Again

Forbes| Christopher Helman Sanchez Energy teams with Blackstone Energy Partners in a $3.2 billion deal to acquire hundreds of thousands of acres in the Eagle Ford Shale.  Read Full Article  

Sanchez Energy Announces Fourth Quarter and Full Year 2016 Operating Results; Additional 110,000 Acres Leased in the Western Eagle Ford

The Company is hosting an Analyst Day to discuss pending Comanche Acquisition and successful 2016 leasing program
HOUSTON, Jan. 23, 2017 (GLOBE NEWSWIRE) — Sanchez Energy Corporation (NYSE:SN) (“Sanchez Energy” or the “Company”), today announced operating results for 2016.  Highlights include:

As previously announced, Sanchez Energy along with Blackstone Energy Partners has signed an agreement to acquire $2.3 billion of properties in the Western Eagle Ford, adding approximately 67 MBoe/d of production, 300 MMBoe of proved reserves, and 155,000 net acres;
 
Additionally, the Company has organically leased 65,000 net acres in the Maverick area located in the oil window and 45,000…

Sanchez Energy Announces 2017 Analyst Day

HOUSTON, Jan. 17, 2017 (GLOBE NEWSWIRE) — Sanchez Energy Corporation (NYSE:SN) (“Sanchez Energy” or the “Company”), plans to host an Analyst Day Conference in New York on Monday, January 23, 2017 with management presentations starting at 9:00 am Eastern Time. A webcast of the presentation and slide deck will be available in the Investors section of the Company’s website at www.sanchezenergycorp.com.

ABOUT SANCHEZ ENERGY CORPORATION
Sanchez Energy Corporation (NYSE:SN) is an independent exploration and production company focused on the acquisition and development of U.S. onshore unconventional oil and natural gas resources, with a current focus on the Eagle Ford Shale in South Texas wher…

Sanchez Energy Announces Conference Call to Discuss Recently Announced $2.3 Billion Eagle Ford Transaction

HOUSTON, Jan. 12, 2017 (GLOBE NEWSWIRE) — Sanchez Energy Corporation (NYSE:SN) (“Sanchez Energy”, “SN” or the “Company”) announced today that it will host a conference call on Friday, January 13, 2017 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time) to discuss the previously announced acquisition.  To join the conference call dial 1-877-705-6003 (US) or 1-201-493-6725 (International) and request the Sanchez Energy Corporation Conference Call. A webcast will be available on the Company’s website (www.sanchezenergycorp.com) under the Investor section. A replay will be available approximately one hour after the call through January 20, 2017 at 11:59 p.m. Eastern Time by dialing 1-844-512-2…

Sanchez Energy and Blackstone Energy Partners to Acquire 155,000 Acres in the Eagle Ford for $2.3 Billion

Acquired Assets Producing Approximately 67,000 Boe/d (33,500 net to Sanchez)
HOUSTON, Jan. 12, 2017 (GLOBE NEWSWIRE) — Sanchez Energy Corporation (NYSE:SN) (“Sanchez Energy”, “SN” or the “Company”) announced today that it and funds managed by Blackstone Energy Partners (NYSE:BX) (“Blackstone”) have entered a strategic 50/50 partnership and together they have signed a definitive purchase agreement to acquire Anadarko Petroleum Corporation’s (NYSE:APC) (“Anadarko”) working interest in approximately 318,000 gross operated acres in the Western Eagle Ford for approximately $2.3 billion, subject to normal and customary closing conditions and purchase price adjustments (the “Comanche Eagle Ford…

Sanchez Energy Corporation Announces Participation in Upcoming Conference

HOUSTON, Dec. 01, 2016 (GLOBE NEWSWIRE) — Sanchez Energy Corporation (NYSE:SN) (“Sanchez Energy” or the “Company”) today announced that management will present at the Capital One 2016 Energy Conference on Wednesday, Dec. 7, 2016, at 1:40 p.m. CT.  A live audio webcast and replay will be available in the Investor section of the Company’s website.

ABOUT SANCHEZ ENERGY CORPORATION
Sanchez Energy Corporation (NYSE:SN) is an independent exploration and production company focused on the acquisition and development of unconventional oil and natural gas resources in the onshore U.S. Gulf Coast, with a current focus on the Eagle Ford Shale in South Texas where we have assembled over 200,000 net …

Sanchez Energy Closes Sale of Assets to Sanchez Production Partners

date November 22, 2016
comments no comments.

HOUSTON, Nov. 22, 2016 (GLOBE NEWSWIRE) — Sanchez Energy Corporation (NYSE:SN) (“Sanchez Energy” or the “Company”), today announced that it has closed on the previously announced definitive agreement to sell the Company’s 50 percent interest in Carnero Processing, LLC (“Carnero Processing”) to Sanchez Production Partners LP (NYSE MKT:SPP) (“SPP”) for total consideration of approximately $80 million.  In conjunction with the closing, the Company received cash consideration of $55.5 million and SPP assumed remaining capital commitments to Carnero Processing, which are estimated at $24.5 million.  

The Company also announced that it has closed on the previously announced definitive agreeme…

Sanchez Energy Corporation Announces Participation in Upcoming Conference

date November 22, 2016
comments no comments.

HOUSTON, Nov. 22, 2016 (GLOBE NEWSWIRE) — Sanchez Energy Corporation (NYSE:SN) (“Sanchez Energy” or the “Company”) today announced that management will present at the Jefferies 2016 Energy Conference on Tuesday, Nov. 29, 2016, at 10:00 a.m. CT.  A live audio webcast and replay will be available in the Investor section of the Company’s website.
ABOUT SANCHEZ ENERGY CORPORATION
Sanchez Energy Corporation (NYSE:SN) is an independent exploration and production company focused on the acquisition and development of unconventional oil and natural gas resources in the onshore U.S. Gulf Coast, with a current focus on the Eagle Ford Shale in South Texas where we have assembled over 200,000 net ac…

Sanchez Energy to Pay Dividends on Series A and Series B Convertible Perpetual Preferred Stock in Common Stock

date November 21, 2016
comments no comments.

HOUSTON, Nov. 21, 2016 (GLOBE NEWSWIRE) — Sanchez Energy Corporation (NYSE:SN) (“Sanchez Energy” or the “Company”) today announced that the Board of Directors has declared a quarterly dividend of $0.609375 per share on its 4.875% Convertible Perpetual Preferred Stock, Series A and $0.812500 per share on its 6.500% Convertible Perpetual Preferred Stock, Series B (together, the “Convertible Perpetual Preferred Stock”).  The quarterly dividends on the Convertible Perpetual Preferred Stock will be payable on Jan. 3, 2017 to holders of record on Dec. 15, 2016.  The Company has elected to pay 100% of the dividends on the Convertible Perpetual Preferred Stock in shares of common stock of the Com…

Sanchez Energy Announces Third Quarter 2016 Operating and Financial Results

HOUSTON, Nov. 07, 2016 (GLOBE NEWSWIRE) — Sanchez Energy Corporation (NYSE:SN) (“Sanchez Energy” or the “Company”), today announced operating and financial results for the third quarter 2016.  Highlights include:

Total production of 4.7 million barrels of oil equivalent (“MMBoe”), or approximately 51,500 barrels of oil equivalent per day (“Boe/d”), was at the high end of Company’s 50,000 to 52,000 Boe/d guidance for the third quarter 2016;

Average drilling and completion costs during the third quarter 2016 at Catarina and Cotulla were $3.0 million per well, with the Company’s best wells coming in below $2.8 million per well in both areas;
 
Recent development and pilot wel…