Operator · Austin Chalk & Tuscaloosa Marine Shale (TMS)
Sanchez Energy Corp
80 articles mentioning Sanchez Energy Corp · Page 1 of 4
Sanchez Exits Bankruptcy, Rebrands as Mesquite Energy
Sanchez Energy Corp. has completed its bankruptcy process and emerged as a privately held corporation under the name Mesquite Energy Inc. The company eliminated substantially all of the debt from its balance sheet, which totaled approximately...
Sanchez's Lenders Poised to Take Majority Control of Company
Sanchez Energy Corp. has reached a preliminary agreement with its top lenders, which will give the lenders majority control of the company, according to a report by the Wall Street Journal. Sanchez filed for bankruptcy in...
Eagle Ford Operator Files for Bankruptcy
Sanchez Energy Corp. has filed for bankruptcy. This comes about a month after the company skipped out on an interest payment amidst discussions of a possible investment from Apollo Global Management. Ultimately, no investment was ever...
Sanchez Skips Interest Payment Amidst Discussions with Shareholders
Sanchez Energy Corp. has elected to defer making an interest payment on its 6.125% Senior Notes due 2023 while it continues ongoing constructive discussions with its bondholders and other stakeholders on a comprehensive restructuring plan. Yesterday,...
Apollo Mulling Investment in Sanchez Energy
Apollo Global Management is considering investing in Sanchez Energy Corp., according to a report by Bloomberg. Apollo would purchase Sanchez's debt load (which amounts to approximately $2.4 billion) via a "restructuring". This would effectively give Apollo...
Eagle Ford Operator Ramps Up Drilling; Triples Rig Count
Sanchez Energy reported its Q1 2019 results. Here are the highlights. Production of 76,267 barrels of oil equivalent per day (Boe/d), or 6.9 million barrels of oil equivalent (MMBoe), a decrease of 4.6 percent compared to...
Sanchez Energy Delisted from the NYSE
Sanchez Energy's stock has been delisted from the New York Stock Exchange (NYSE) as the company continues to grapple with financial woes. According to a report by the Houston Chronicle, the development occurred after Sanchez missed...
Sanchez Receives Another NYSE Warning as Market Cap Falls Below $50MM
Sanchez Energy Corp. has received notice from the NYSE that the company does not presently meet the additional NYSE continued listing standard due to the company's market cap being below $50 million over a period of...
Sanchez Energy Receives NYSE Warning as Stock Price Hovers Below $1.00
Sanchez Energy Corp. has received notice from the NYSE that the company does not presently meet the NYSE continued listing standard due to having a closing stock price of $1.00 per share over a period of...
Large Eagle Ford E&P Exploring Strategic Alternatives : Oil Price
Sanchez Energy Corp. has tapped Moelis & Company LLC as financial advisor to explore strategic alternatives to strengthen its balance sheet and maximize the company's value. Tony Sanchez, III, President and Chief Executive Officer of Sanchez...
Sanchez Energy's Production Continues to Fall
Sanchez Energy reported its Q3 2018 results. Production in 'Recovery' After Q3 Drop - Q3 production of 75,750 BOEPD (down -5% from 2Q18 and up +2% YOY) Production results were negatively impacted by a high level...
Sanchez Taps New Interim CFO; CEO Tony Sanchez Absorbs President Role
Sanchez Energy Corp. announced the appointment of an Interim CFO and two new independent members to its Board of Directors. The Board also appointed Tony Sanchez, III, President of Sanchez Energy in addition to his current...
Sanchez Sees 'Challenging' Q2; Edits Well Design to Improve Performance
Sanchez Energy reported its Q2 2018 results. Tony Sanchez, III, Chief Executive Officer of Sanchez Energy, said: "The second quarter 2018 was a challenging operational quarter at Comanche, as we continued to see higher than projected...
Sanchez Touts Another Monster Eagle Ford Well; Flows 5,206 Bo/d
Sanchez Energy has flowed its second best well in the Eagle Ford in Dimmit County, TX. The "SOUTH SPUR UNIT B 01HZ" well registered a 24-hour IP of 5,206 boe/d, which is 3,299 barrels of oil,...
Sanchez Announces Resignation of COO
Sanchez announced that Christopher D. Heinson, Senior Vice President and Chief Operating Officer, has resigned in order to assume the role of Chief Executive Officer with another energy company.
Sanchez Energy Flows 4,000 Barrels Per Day Eagle Ford Well
Sanchez Energy reported today a 4,080 Bbls of oil per day and 8,504 Mcf of gas (24-hour test) well in DIMIT county. The South Spur Unit B 01HY is located 10.8 miles SW of Carrizo Sprin....
Sanchez to Chop Rig Count and Completion Crews 50% by Q3
Sanchez Energy reports its Q1 2018 results from its South Texas Eagle Ford shale operations including its well IP rates from Catarina and Comanche prospects.
Sanchez Logs 30% Increase in Production for 2017; Talks Eagle Ford Ops
Sanchez reported its Q4 2017 results. Production Highlights: Q4 2017 Production: 82,000 BOEPD, or 7.5 MMBOE, at the midpoint of the Company's 80,000 Boe/d to 84,000 Boe/d guidance for the quarter Full Year Production: Full year...
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...
Eagle Ford Operator Chops 2018 CapEx; Plans 200 Wells
Sanchez Energy today released its 2018 development plan and even though oil prices have rised the company plans to cut it capital budget by $100 million. Beloow is a look at the break-out Capital Spending Total...