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Sanchez Energy’s Eagle Ford Acquisitions Pay Off

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By Darren Barbee, Hart Energy
March 14, 2014

Sanchez Energy Corp. (NYSE: SN) spent at least $600 million in 2013 to strengthen its flagship position in the Eagle Ford.

The company has so far hit pay dirt in the Eagle Ford shale.

Sanchez fourth-quarter 2013 production grew 904% year-over-year (yoy).  Fourth-quarter 2013 production was 18,810 barrels of oil equivalent per day (boe/d) compared with 1,874 boe/d in the fourth quarter of 2012.

Oil production also soared, hitting 13,746 boe/d, a 669% increase.

The company has offered production guidance of 107% for 2014.

“Drilling efficiencies, many of the most ...

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