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Sanchez Cuts Per Stage Cost 40 Percent in the Eagle Ford

Sanchez Energy Corporation announced the Company's operating and financial results for the fourth quarter and full-year 2014, which included the following highlights:
Highlights: Record revenues of $172.5 million, an increase of 33% over the prior year Record production of 4,039 MBOE; an average of 43,897 BOE/D Adjusted EBITDA, a non-GAAP financial measure defined below, of $133.7 million, an increase of 36% over the prior year Current production of approximately 44,000 BOE/D Estimated proved reserves of approximately 135 MMBOE at December 31, 2014, up more than 7 MMBOE, or 6%, from approximately 127 MMBOE at September 30, 2014, and up over 76 MMBOE, or 129%, from approximately 59 MMBOE at December 31, 2013 First quarter and full year 2015 production guidance range re-affirmed at 40,000…- ✓ Full news archive — U.S., Canada & international coverage
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Gulf Coast - South Texas News

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