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Sanchez Energy Revises 2014 Capital Plan

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March 26, 2014

Sanchez Energy Corp. (NYSE: SN) detailed the revisions to its 2014 capital plan, the company said March 25.

Tony Sanchez III, president and CEO, said that the company’s capital plan was reduced to a range of $600 million-$650 million, down from $650 million-$700 million, and added that despite the reduction, full-year production guidance would be met, with all wells spudded and completed.

Of the $600 million-$650 million budgeted, about 94% will be allocated to drilling and completing 70 net wells—89% of that amount will be for Eagle Ford Shale wells, ...

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