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Sanchez Energy (SN)

Posted: Thu Oct 24, 2013 6:28 pm
by dan_s
I will be taking a hard look at SN tomorrow. It is definitely a candidate for our Small-Cap Growth Portfolio. - Dan

Sanchez Energy announces second quarter production of 1,083 MBOE, an Increase of 54% over the second quarter of 2013 (SN) : Co provided an update on its Third Quarter 2013 Operations:

Co reports third quarter 2013 production of approximately 1,083 MBOE (11,774 BOE/D), an increase of 54% over the second quarter of 2013 and an increase of 710% over the same period a year ago
Production volumes consisted of 76% oil, 10% natural gas liquids (NGL), and 14% natural gas
Co currently has 25 gross wells in various stages of drilling and completion
Current production of approximately 15,500 BOE/D, excluding approximately 1,500 BOE/D of production that is currently shut-in for offset fracture stimulation operations
Co provides 2014 exit rate production guidance range of 22,000 to 26,000 BOE/D and guides to a calendar year 2014 increase in total production of more than 100% over expected 2013 total production
Closed the Wycross acquisition on October 4, 2013, which added approximately 2,000 BOE/D of production and 11 MMBOE of proved reserves
Broadened onshore Gulf Coast resource position by acquiring approximately 40,000 net acres in the Tuscaloosa Marine Shale play and increased Marquis holdings with the Five Mile Creek acquisition

Re: Sanchez Energy (SN)

Posted: Fri Oct 25, 2013 7:59 pm
by dan_s
We will be sending out a Flash Alert on October 26 with comments on SN and REXX. Both companies are growing rapidly and both are strong candidates for our Small-Cap Growth Portfolio.

Re: Sanchez Energy (SN)

Posted: Sat Oct 26, 2013 9:47 am
by dan_s
Sanchez Energy Corp. (SN): My profile on the company, which includes my forecast model and valuation, has been posted under the Watch List Tab.