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Sanchez Energy
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November 2016 Corporate Presentation
| Tony Sanchez | Page 15 of 11 |
November 24, 2024
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"November 2016 Corporate Presentation"
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Marquis Palmetto Cotulla Catarina 15 2016 Focus on High Rate of Return Areas SN 2016 Development is expected to largely focus on the three areas below; Cotulla and South Central Catarina are newly emerging areas, providing outstanding returns, that were not valued by SN prior to Mid-2015 South Central Catarina Maverick (Cotulla) Southern Palmetto** Net Locations ~200 Net Locations ~150 Net Locations ~60 Gross Oil EUR (Mbo) 241 Gross Oil EUR (Mbo) 345 Gross Oil EUR (Mbo) 442 Gross Gas EUR (MMcf) 3,449 Gross Gas EUR (MMcf) 87 Gross Gas EUR (MMcf) 520 2-Stream EUR (Mboe) 816 2-Stream EUR (Mboe) 360 2-Stream EUR (Mboe) 529 3-Stream EUR (Mboe) 1,103 3-Stream EUR (Mboe) 367 3-Stream EUR (Mboe) 576 Total Est. Capital Cost ($M) $ 3,600 Total Est. Capital Cost ($M) $ 3,000 Total Est. Capital Cost ($M) $5,500 IRR (%)* 81% IRR (%)* 84% IRR (%)* 47% NPV10 / Well($M)* $3,623 NPV10 / Well($M)* $3,439 NPV10 / Well($M)* $3,566 *Based on $55/Bbl Oil; $3.50/Mcf Gas; Assumes NGL Pricing @ 25% of WTI **Operated by Marathon