HOUSTON, Feb. 13, 2017 (GLOBE NEWSWIRE) -- Sanchez Energy Corporation (NYSE:SN) (“Sanchez Energy” or the “Company”) today announced that the Company received notification from the Tag Owner stating that they have elected not to exercise their Tag Rights in regards to the transaction announced on Jan. 12, 2017 (“Comanche”). The terms of the $2.3 billion Comanche acquisition remain as previously stated and the transaction remains on pace to close by the end of the first quarter 2017.
ABOUT SANCHEZ ENERGY CORPORATION
Sanchez Energy Corporation (NYSE:SN) is an independent exploration and production company focused on the acquisition and development of U.S. onshore unconventional oil and natural gas resources, with a current focus on the Eagle Ford Shale in South Texas where we have assembled over 335,000 net acres. For more information about Sanchez Energy Corporation, please visit our website: www.sanchezenergycorp.com.
COMPANY CONTACT: Kevin Smith VP Investor Relations (281) 925-4828 Cham King Investor Relations & Capital Markets (713) 756-2797
Source:Sanchez Energy Corp