Sanchez Energy Partners 1LP

Transaction Type
Post Date
Estimated Price

NEW, Sanchez Energy Partners I LP, an affiliate of Sanchez Oil & Gas Corp., has retained Tudor, Pickering, Holt & Co. Securities Inc. to sell its interests in the Haynesville shale in northwestern Louisiana. The package offered includes interests in 45,000 to 50,000 net acres in Bienville, Natchitoches and Winn parishes with approximately 20,000 net acres operated by Sanchez. Significant development potential exists in the Hosston, Cotton Valley and Haynesville formations. Seismic acquisition on a portion of the land is ongoing. Assuming Haynesville development on 80-acre spacing, there could be approximately 1,000 gross drilling locations. Sanchez will consider cash and joint-venture proposals. The data room will open July 28. -333- 7137.