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United States

Sanchez Energy Corp (SN)

SN on New York Consolidated

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22 Jul 2016
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Tue, Jul 19 2016

BRIEF-Sanchez Energy announces Q2 2016 operating results

* Q2 2016 production was approximately 5.1 million barrels of oil equivalent

BRIEF-Sanchez Energy reports qtrly net loss per common share of $1.20

* Total production of 5.1 million barrels of oil equivalent during q1 2016, up approximately 26% over q1 2015

BRIEF-Sanchez Energy estimates total production for q1 was about 56,500 boe/d

* Sanchez energy announces first quarter 2016 operating results

BRIEF-Sanchez Energy maintains borrowing capacity of $300 mln after borrowing base redetermination

* Borrowing base under credit facility has been set by company's lenders at $350 million

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