Current SN Stock Info

Sanchez Energy Breakout Notes


Tony Sanchez, III., director and CEO of Sanchez Energy Corp., (ticker: SN) presented today at EnerCom’s The Oil & Gas Conference® 22.

Sanchez Energy is developing its core acreage in the Eagle Ford shale where it focuses on liquids-rich production. The company’s Eagle Ford development is split between several major portions of the Eagle Ford, with the Catarina, Maverick, and Comanche assets taking the lion’s share of the company’s development efforts.

During its second quarter, Sanchez reported a net income of $24.2 million, and production of approximately 73,341 BOEPD. Its production represents a 43% increase over is Q1 production, due largely to an acquisition of 155,000 net acres from Anadarko in March. Sanchez also surpassed its 50-well annual drilling commitment, with 68 wells drilled between July 1, 2016 and June 31, 2017.

During the company’s breakout session, management was asked the following questions:

  • Can you tell us about how the Comanche production volumes are growing?
  • What challenges do you face in bringing crews back to complete your DUCs?
  • What are your views on LNG exports?
  • Have you seen increased competition in takeaway for gas in the Permian?
  • Will you increase your gas production in the future?
  • Do completions obstacles in the Comanche resemble those in the Catarina?
  • Can you talk about how you expect A&D to evolve in the Eagle Ford?

Sanchez presented at EnerCom’s 2017 The Oil & Gas Conference®.

You can listen to the company’s presentation by clicking here.

You can view the company’s Q2 update by clicking here.

Legal Notice