S a n c h e z E n e rg y C o r p o r a t i o n Corporate Presentation August 2012
Sanchez Energy Corporation Overview Financial Summary Eagle Ford Acreage And Drilling Inventory Market Capitalization As of 8/9/12 (MM) 620 Eagle Ford Acres 95,000 Enterprise Value (MM) 590 Eagle Ford Net Unrisked Drilling Locations…
Sanchez Energy Corporation Overview Company Overview Eagle Ford Shale Area Map 95,000 net acres in the Eagle Ford 3 primary project areas Marquis Area Large contiguous blocks drive 57,100 Net Acres efficiencies Drilling inventory…
Multi-Year Inventory & 2012 Drilling Program During 2012 Sanchez Energy anticipates spending 125 145 million (135 million midpoint) to drill 24 gross (17.5 net) Eagle Ford wells Sanchez Energy has identified a multi-year drilling…
Eagle Ford Overview 6
Eagle Ford Shale Palmetto Area Palmetto Area Overview 9,500 net acres in Gonzales County (50% W.I.) 50% / 50% area of mutual interest with Marathon Eight PDP wells with one well undergoing completion (Barnhart 9), one well waiting on…
Eagle Ford Shale Marquis Area Marquis Area Overview 57,100 net acres (100% W.I. / 100% operated) 50,600 net acres in Southwest Fayette & Northeast Lavaca Counties 6,500 net acres in Atascosa, Webb, and DeWitt Counties One well…
Eagle Ford Shale Maverick Area Maverick Area Overview 28,500 net acres in Zavala and Frio Counties (80% to 100% W.I. / 100% operated) Nine PDP wells including five Eagle Ford horizontal wells and two Eagle Ford vertical wells Most…
Pure Play Eagle Ford Operator SN offers significant Eagle Ford exposure at 3.1x greater than its closest competitor Net Eagle Ford Acres / Enterprise Value (1) 180 160 140 120 100 80 60 40 20 0 AXAS MHR BP…
Summary Highlights High growth oil and gas producer with significant exposure to lower-risk drilling opportunities in the Eagle Ford Shale trend of South Texas, one of the fastest growing shale plays in North America Pure Play Eagle…
Appendix 15
Non-GAAP Reconciliations Reconciliation Of Net Income (Loss) To Adjusted EBITDA (M) 2010 2011 2Q11 2Q12 Net Income (Loss) (2,758) 1,968 759 (15,647) Plus: Unrealized Loss (Gain) On Derivatives - 480 201 (4,286) Depreciation,…
Non-GAAP Reconciliations Reconciliation Of Net Income (Loss) To Adjusted Net Income (M) 2010 2011 2Q11 2Q12 Net Income (Loss) (2,758) 1,968 759 (15,647) Plus: Unrealized Loss (Gain) On Derivatives - 480 201 (4,286) Stock-Based…
Explanation Of Non-GAAP Measures We include in this presentation the non-GAAP financial measure Adjusted EBITDA and provide reconciliations of Adjusted EBITDA to net income (loss) and net cash provided by (used in) operating activities,…