HOUSTON, Nov. 19, 2018 (GLOBE NEWSWIRE) -- Sanchez Energy Corporation (NYSE: SN) today announced that the Board
of Directors has declared a quarterly dividend of $0.609375 per share on its 4.875% Convertible Perpetual Preferred Stock, Series A
and $0.812500 per share on its 6.500% Convertible Perpetual Preferred Stock, Series B (together, the “Convertible Perpetual
Preferred Stock”). The quarterly dividends on the Convertible Perpetual Preferred Stock will be payable on Jan. 2, 2019 to
holders of record on Dec. 14, 2018. The company has elected to pay 100% of the dividends on the Convertible Perpetual
Preferred Stock in shares of common stock of the company to the extent permitted by the certificate of designations for each series
of the Convertible Perpetual Preferred Stock. The common shares issued as dividends on the Convertible Perpetual Preferred
Stock will be listed and tradable on the New York Stock Exchange.
ABOUT SANCHEZ ENERGY CORPORATION
Sanchez Energy Corporation (NYSE: SN) is an independent exploration and production company focused on the acquisition and
development of U.S. onshore unconventional oil and natural gas resources, with a current focus on the Eagle Ford Shale in South
Texas. For more information about Sanchez Energy Corporation, please visit our website: www.sanchezenergycorp.com.
COMPANY CONTACT:
Kevin Smith
VP Investor Relations
(281) 925-4828
Cham King
Investor Relations & Capital Markets
(713) 756-2797
General Inquiries: (713) 783-8000
www.sanchezenergycorp.com