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Bullboard - Stock Discussion Forum Sanchez Energy Corp - Ordinary Shares SNECQ

Sanchez Energy Corp is a United States-based independent exploration and production company. It is focused on the acquisition and development of U.S. onshore unconventional oil and natural gas resources, with the focus on the horizontal development of resource potential from the Eagle Ford Shale in South Texas. The company also holds an undeveloped acreage position in the Tuscaloosa Marine... see more

OTCPK:SNECQ - Post Discussion

Sanchez Energy Corp - Ordinary Shares > Sanchez Energy in $85 Million Eagle Ford Asset Sale
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Post by 1Derrick on Apr 01, 2015 9:13am

Sanchez Energy in $85 Million Eagle Ford Asset Sale

Sanchez Production Partners (SPP) has acquired from Sanchez Energy wellbore and associated interests in certain producing oil and gas wells in the non-operated Palmetto field in Eagle Ford, for approximately $85 million. The consideration consists of $83 million cash and 1,052,632 common units of SPP valued at approximately $2 million.

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