DUG Eagle Ford Presentation: Acquisitions Complementing Strong Organic Growth September 2013 1 2013 Sanchez Energy Corporation
Sanchez Energy Corporation Overview Eagle Ford Shale Position Sanchez Energy Overview Onshore Gulf Coast oil resource focus with a core 140,000 net acre position in the Eagle Ford Shale Eagle Ford is now in full scale development…
2013 & Preliminary 2014 Capital Plan 2013 & Preliminary 2014 Capital Plan 2013 Operating Capital Plan (MM) Preliminary 2014 Operating Capital Plan (MM) Gross % of Gross % of Full Year Net Wells Net Wells Operating Full Year Net Wells…
The Eagle Ford Shale Core Focus Area Pro Forma SN Position Summary (1) 5 Mile Creek Net Acres 140,000 Acquisition Proved Reserves (MMBoe) 54 % Liquids 88% Prost Acreage Current Production (Boe/d) 15,500+ Acquisition Drilling Rigs…
Acquisitions Complement Organic Growth Acquisitions have increased scale, acreage, and upside potential Cotulla acquisition provided scale to access the high yield market Almost doubled daily production and EBITDA High yield upsized…
Cotulla Acquisition Summary Closed transaction on May 31st to acquire operated assets across 44,461 net acres in the Eagle Ford Shale from Hess Corporation for 265 million cash plus 15 million cash in customary closing Overview…
Cotulla Acquisition Summary The Cotulla properties are located in close proximity to existing operations, just south of our Maverick area Enhances the ease of integration of the acquired assets into overall operations Ideally located…
Wycross Acquisition Overview Consideration & Asset Overview Wycross Acquisition Acreage Position Total Consideration (MM) 220 30 Day IP Well Well Name (Boe/d) Current Production (Boe/d) 2,000 1 Cobra 1H 920 Estimated Proved Reserves…
TMS Acreage Position Sanchez Energys 40,000 net acres in the core of the play are surrounded by an increasing number of well results from Encana and Goodrich with IPs of 1,000+ Boe/d Sanchez Energy Acreage (Yellow) & Offset Operator…
OilWeighted Production & Reserve Growth Average Daily Net Production (Boe/d) (1) Pro Forma Proved Reserve Growth (MMBoe) (2) 20,000 17,000 60.0 - 54 15,000 PD PUD 50.0 16,000 12,000 43 - 11,000 40.0 12,000 Average Boe/d…
Operational Efficiencies Drive Improving Cash Margins Our growing production and operational improvements have resulted in our cash margins per Boe increasing from 38.51 to 62.49 since our IPO in December of 2011 Key Drivers: Focus on…
Industry Leading Cash Margins Oil driven production 77% of production is crude oil (89% including NGLs) Premium pricing 93% of oil is sold on LLS pricing Low transportation costs over 50% of oil sold into pipelines; multiple connection…
Summary Investment Considerations Rapidly Growing Base of Proved Reserves & Production 140,000 Net Acres in the Eagle Ford with 1,700+ Net Identified Drilling Locations 2013 & 2014 Preliminary Capital Plans Create Significant…
NonGAAP Reconciliations Reconciliation Of PV-10 To Standardized Measure (MM) As of 6/30/13 PV-10 846 Present Value Of Future Income Taxes Expenses Discounted at 10% (177) Standardized Measure 669 Explanation of NonGAAP Measures…