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 May 2012
Sanchez Energy Corporation Overview Financial Summary Eagle Ford Acreage And Drilling Inventory Market Capitalization As of 5/9/12 (MM) 750 Eagle Ford Acres 92,000 Enterprise Value (MM) 690 Eagle Ford Net Unrisked Drilling Locations…
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…
Sanchez Energy Corporation Overview Company Overview Eagle Ford Shale Area Map 92,000 net acres in the Eagle Ford 3 primary project areas Marquis Area Large contiguous blocks drive 56,500 Net Acres efficiencies Drilling inventory…
Multi-Year Inventory & 2012 Drilling Program During 2012 Sanchez anticipates spending 126 144 million (135 million midpoint) to drill 24 gross (17.5 net) Eagle Ford wells Sanchez has identified a multi-year drilling inventory of 765…
Eagle Ford Overview 7
Eagle Ford Cross Section Zavala County Wilson County Gonzales County Fayette County 8
Eagle Ford Shale Palmetto Area Palmetto Area Overview Average Type Curve / Development Economics (2) 9,400 net acres in Gonzales County 1,250 Eagle Ford Window Volatile Oil 50% / 50% area of mutual interest with Marathon Acre…
Eagle Ford Shale Marquis Area Marquis Area Overview Average Type Curve / Development Economics (2) 56,500 net acres 1,000 Eagle Ford Window Volatile Oil 50,200 net acres in Southwest Fayette & Northeast Lavaca Counties 800 Acre…
Marquis Area Activity IP Rate (Boe/d) Peer Well 24H 30 Day Black Jack Springs 1H 369 Flatonia East 1H 1,274 391 GEOI Flatonia East 2H 1,322 465 Peebles 1H 436 Newtonville 1H 566 Furrh 1H 882 698 Furrh 2H 1,275 910 Sanchez…
Eagle Ford Shale Maverick Area Maverick Area Overview Average Type Curve / Development Economics (2) 26,500 net acres in Zavala and Frio Counties 500 Eagle Ford Window Black Oil 80% W.I. / 100% operated Acre Spacing 120 220 net…
Maverick Area Activity Sanchez Energy Mark & Sandra 2H Spud: 2Q 2012 Sanchez Energy Ray 1H Spud: February 2012 Sanchez Energy Alpha Ware 1H Sanchez Energy Hausser Lease 6,100 Net Acres Sanchez Energy Sanchez Energy…
Financial Overview 15
Financial Summary Summary Financials (M) Capitalization As of 3/31/12 (M) 2010 2011 1Q11 1Q12 1Q12 Revenue 4,553 14,516 3,284 7,648 Cash And Cash Equivalents 62,498 Total Operating Costs And Expenses 7,311 12,078 2,717 9,667 Debt 0…
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 18
Haynesville Shale and Northern Montana Haynesville Area Overview 1,100 net acres primarily in Natchitoches Parish 22% - 25% non-operated W.I. 14 net identified unrisked locations Operated by Chesapeake 2012 drilling program Do…
Non-GAAP Reconciliations Calculation Of And Reconciliation Of Net Income (Loss) To Adjusted EBITDA 2010 2011 1Q11 1Q12 Net Income (Loss) (2,758) 1,968 567 (3,045) Plus: Unrealized Loss On Derivatives - 480 - 588 Depreciation,…
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,…