Post Tagged with: "Sanchez Energy Corp"

Sanchez Energy Grows Proved Reserves by 88%, Sets Production Record

Sanchez Energy Grows Proved Reserves by 88%, Sets Production Record

Sanchez Energy Corporation (ticker: SN) released year-end 2017 proved reserves and operating results for the fourth quarter and full year 2017. Highlights Proved reserves increased by 88% during the year to approximately 363 MMBoe, with a reserve replacement ratio of roughly 762% in 2017 Fourth quarter 2017 production of nearly 7.5 MMBoe, or 81,977 BOEPD The company’s production mix during the fourth quarter 2017 consisted of approximately 34% oil, 34% natural gas liquids and 32% natural gas Full year 2017 production was approximately 25.7 MMBoe, or 70,320 BOEPD “Sanchez Energy showed strong reserve growth last year, with an 88 percent increase in the company’s proved reserves,” said CEO Tony Sanchez. “Through our acquisition of the Comanche properties and subsequent drilling success, the company’s proved reserves increased to a record 363 MMBoe at year-end. “Importantly, we achieved a reserve replacement ratio of 762 percent in 2017, in large part due to[Read More…]

Energy Investors, E&Ps, OilService Execs Heading to San Francisco for The Oil & Services Conference™ 14

Energy Investors, E&Ps, OilService Execs Heading to San Francisco for The Oil & Services Conference™ 14

What to Expect from EnerCom’s 14th The Oil & Services Conference™ EnerCom will host the 14th edition of The Oil & Services Conference™ 14 (TOSC 14) on March 9, 2016, at the Le Méridien San Francisco Hotel. The EnerCom San Francisco conference is a chance for institutional investors, energy research analysts, and oil and gas investors to listen to companies and energy experts talk about the ideas that are driving change in the oil and gas sector. Presentations will be given live March 9 at Le Méridien and webcasts will be available on Oil & Gas 360® and The Oil & Service Conference™ websites. Institutional investors, energy research analysts and energy professionals can register to attend The Oil & Service Conference ™ 14 here. Below is a primer on the presenting companies and guest speakers who will be at TOSC 14. Format 25-minute company presentations, webcast live and archived on[Read More…]

Sanchez Energy – Day One Breakout Notes

Sanchez Energy – Day One Breakout Notes

Tony Sanchez, president and CEO of Sanchez Energy Corporation (NYSE: SN), presented today at EnerCom’s The Oil & Gas Conference® 20. Sanchez Energy Corporation is an independent exploration and production company focused on the acquisition and development of unconventional resources  onshore in the U.S. Gulf Coast with a current focus on the Eagle Ford Shale in South Texas, where the company has assembled approximately 231,000 net acres, and the Tuscaloosa Marine Shale. In the second quarter 2015, Sanchez reported total production of 4,907 MBOE, up 164% over the second quarter 2014 and increased full year 2015 production guidance by 4% to 46,000 to 50,000 BOE/D. During the company’s breakout session, management was asked the following questions: How do you decide further investment in the TMS? What is the firm’s well cost and fracing efficiency within Sanchez? Are they part of your capital allocation strategy? In your presentation, we noticed geological changes from west to east. Can you[Read More…]

August 17, 2015 - 2:01 pm Analytics, Oil and Gas 360 Articles