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 February 2013
Summary Highlights 95,000 net acres in oil portion of the Eagle Ford Shale, one of the fastest growing plays in North America Pure Play Eagle Ford Low risk drilling opportunities in Atascosa, Fayette, Frio, Gonzales, Lavaca and Zavala…
Sanchez Energy Corporation Overview (NYSE: SN) Company Overview Financial and Operational Summary Sanchez Energy Corporation is an independent E&P company Financial Summary focused on the exploration, acquisition, and development of…
Operations Overview Well Status Update Eagle Ford Shale Area Map Working Well Area Interest Status Barnhart C 2 Palmetto 50% Waiting On Completion Marquis Area Barnhart C 3 Palmetto 50% Waiting On Completion 57,100 Net Acres Barnhart…
Pure Play Eagle Ford Operator SN offers significant direct exposure to the Eagle Ford oil shale; more heavily weighted than any other public company on an enterprise value basis Net Eagle Ford Acres / Enterprise Value (1) 175…
Eagle Ford Overview 7
Eagle Ford Shale Palmetto Area Palmetto Area Overview 9,700 net acres in Gonzales County with a 50% / 50% area of mutual interest with Marathon 16 PDP wells with six wells waiting on completion, one well drilling, and another well…
Palmetto Area Activity Barnhart C 2 Waiting On Completion Barnhart C 3 Waiting On Completion Barnhart 30 Waiting On Completion 5 Well, 40 Acre Spacing Pilot: Barnhart 23: Waiting On Completion Barnhart 24: Waiting On…
Eagle Ford Shale Marquis Area Marquis Area Overview 57,100 net acres (100% W.I. / 100% operated) 50,600 net acres in Fayette and Lavaca Counties plus 6,500 net acres in Atascosa, Webb, and DeWitt Counties Three PDP wells with four…
Marquis Area Activity Prost B 2H Halcon Waiting On Completion Prost B 3H Drilling Prost 1H & 2H Sante A 1H To be recompleted Prost B 1H MHR Prost C 1H & C 2 Prost C 8H Waiting On Completion Waiting On Completion…
Eagle Ford Shale Maverick Area Maverick Area Overview 28,400 net acres in Zavala and Frio Counties (80% to 100% W.I. / 100% operated) 14 PDP wells including eight Eagle Ford horizontal wells, four Eagle Ford vertical wells, and two…
Maverick Area Activity Ray 1H Mark & Sandra 2H Hauser Lease 6,100 Net Acres Alpha Ware 1H Mark & Sandra 3H Petro-Pards 1H & 2H Petro-Pards 3H & 4H 13
Sanchez Energys Eagle Ford Horizontal Wells 30 Day 24H Initial Average Daily Project Lateral Online Production Production Well Area County Length Stages Choke Date (Boe/d) (Boe/d) 1 Barnhart 1 Palmetto Gonzales 3,902 12 17/64…
Operational Summary Average Net Daily Production (Boe/d) Hedged Volumes Through 2014 10,000 8,500 - 9,500 4,000 120 Oil Hedge Volume (Bbl/d) Swap Price 3,500 100 7,500 3,000 Oil Volume Hedged (Bbl/d) 5,500 - 6,500 80…
Summary Highlights Pure Play Eagle Ford Company Significant De-Risking Underway Aggressive Growth Plan Additional Upside Seasoned Management Team Strong Financial and Operating Performance 18
Appendix 19
Non-GAAP Reconciliations Reconciliation Of Net Income (Loss) To Adjusted EBITDA (M) 9 Months 9 Months Ended Ended LTM 2010 2011 9/30/11 9/30/12 9/30/12 Net Income (Loss) (2,758) 1,968 3,400 (17,024) (18,456) Less: Preferred Stock…
Explanation Of Non-GAAP Measures Adjusted EBITDA is defined by the Company as net income (loss) plus: (i) interest expense, including realized and unrealized losses on interest rate derivative contracts; (ii) income tax expense…