1、FOCUSED ONCAPITAL DISCIPLINE AND SHAREHOLDER VALUE2017 Annual ReportCorporate Office,Houston,TexasEagle Ford ShaleNet Acreage Position:285,000 Avg.2017 Production:70,320 Boe/dOperational AreaIn January 2017,Sanchez Energy,along with Blackstone Energy Partners,announced a 50/50 partnership to acquire
2、 a working interest in approximately 318,000 gross operated acres in the Western Eagle Ford the Comanche asset for a purchase price,after closing adjustments,of about$2.1 billion.This accretive and transformative acquisition,which came on the heels of a period of significant disruption in the oil an
3、d gas industry,set the course for an exciting,demanding,and productive year for Sanchez Energy.The Comanche acquisition substantially increased our drilling inventory,with more than 1,000 net opportunities identified at the time of the transaction;added 132 gross(33 net)drilled-but-uncompleted wells
4、;and grew the companys operated Eagle Ford position to approximately 585,000 gross acres(335,000 net to Sanchez Energy)in 2017.Our work to integrate the asset was well underway by the time the Comanche transaction closed on March 1,2017.With careful planning and a deep knowledge of the area,our oper
5、ations group was able to quickly ramp up drilling and completion activities on the acquired acreage.These 2017 activities,at peak,involved seven drilling rigs and five completion crews at Comanche.As a result,we successfully brought 147 gross(38 net)wells on-line during the year.Comanche well result
6、s have shown significant promise,with some of the highest initial production rates in the companys asset base.Key among these was the Stumberg Ranch 55H well,an approximately 10,000-foot lateral well completed in 2017 with a 30-day peak production rate of approximately 2,900 barrels of oil equivalen