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Prime Eagle Ford Acreage Holder, Operator Seeking Buyer

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Prime Eagle Ford Acreage Holder, Operator Seeking Buyer

Sabine Oil & Gas Corporation has announced that it will not timely file its Annual Report on Form 10-K, but expects to file by March 31, 2015.

Sabine does not intend to host a conference call in connection with the release of its fourth quarter and full year 2014 financial and operating results.

In addition, Sabine announced that it has retained financial advisors Lazard and legal advisors Kirkland & Ellis LLP to advise management and the board of directors on strategic alternatives related to its capital structure.

Asset Profile

Operating Areas:


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Sabine's net debt as of the company's third quarter announcement is listed below:

 

Sabine's Eagle Ford position is sandwiched between Devon and Penn Virgina in Lavaca and De Witt Counties.  It may be an attractive buy for…

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