Sanchez Energy (SN) Posts Q3 Loss of $1.19/Share
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Sanchez Energy Announces Third Quarter 2016 Operating and Financial Results
November 7, 2016 6:30 AM ESTHOUSTON, Nov. 07, 2016 (GLOBE NEWSWIRE) -- Sanchez Energy Corporation (NYSE: SN) (Sanchez Energy or the Company), today announced operating and financial results for the third quarter 2016. Highlights include:
Total production of 4.7 million barrels of oil equivalent (MMBoe), or approximately 51,500 barrels of oil equivalent per day (Boe/d), was at the high end of Companys 50,000 to 52,000 Boe/d guidance for the third quarter 2016; Average drilling and completion costs during the third quarter 2016 at Catarina and Cotulla were $3.0 million per well, with the Companys best wells coming in below $2.8... More