Sanchez Energy (SN) Posts Q2 EPS of $0.31

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Sanchez Energy Announces Second Quarter 2017 Operating and Financial Results

August 9, 2017 6:00 AM EDT

HOUSTON, Aug. 09, 2017 (GLOBE NEWSWIRE) -- Sanchez Energy Corporation (NYSE: SN) (Sanchez Energy or the Company), today announced operating and financial results for the second quarter 2017.  Highlights include:

Second quarter 2017 production totaled approximately 6.7 million barrels of oil equivalent (MMBoe), or approximately 73,341 barrels of oil equivalent per day (Boe/d), an increase of approximately 43 percent over first quarter 2017 production;   Four Lower Eagle Ford horizontal wells, with an average lateral length of approximately 10,000 feet, that were brought on-line at the Stumberg Ranch during the second quarter 2017 achieved an average 30-day production rate of... More