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Sanchez Expands Eagle Ford Inventory; Touts Stacked Development Tests

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Sanchez Expands Eagle Ford Inventory; Touts Stacked Development Tests

Sanchez has reported 2017 production stats, an increase in proved reserves as well as an Eagle Ford development update.

Eagle Ford Development Update

Comanche drilling inventory increased by approximately 800 gross locations through staggered development of the Lower Eagle Ford.

A four-zone stack development test of 17 wells was completed at Briscoe Catarina South, in Comanche Area 3: with

Lower Eagle Ford zones had an average per well IP30 of 1,252 Boe/d Upper Eagle Ford zones had an average IP30 of 675 Boe/d

The Company brought a four well pad on-line at Chupadera Ranch, of Comanche Area 7, that showed Lower Eagle Ford A and Lower Eagle Ford B zones outperforming expectations with an average IP30 640 Boe/d (50% oil)

The success of the Chupadera Ranch wells helps de-risk…

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