Sanchez Energy Corp. (fka SNECQ)

[DocLevi]

San Antonio Express News is the best source of lease deals for Eagle Ford (they did original coverage of Hess deal for example)... Tony Jr. ran for Governor and III is running most things now... Way back in 70-80 Tony Jr. got investigated for his Tesoro Savings and Loan (maybe got started on major gas finds SE of Laredo)... Can't say but someone is selling as big buy at start today and then sell almost the same several minutes later on bar volume chart. Could be just old fashion panic as Laredo likes to be cutoff from the real world and may not realize yet that oil may stabilize for a while again with ISIL...?

I'm out of touch at the Top of Texas so may go visit to see what's happening but I've not ever heard of an Eagleford playing out. Most Austin Chalk didn't play out either, many turned the pumps off to work on something and formation collapsed on them and maybe related other wells the operator stopped being timely on payments (locked out)... I know of one by Dilley that was making 1,000/bbls a day and the noname company locked out for not paying and never restarted or drilled.... and Eagleford leased and never drilled and lease able that Hess had and Sanchez skipped because they were not working upper LaSalle and Hess ... and... and.. So only experience and SA Express News... There is a lot of oil still not tapped because they're after the 2K wells/day and maynot have the right frac formula going... But someone posted on GASFRAC that GASFRAC was starting to be used in Eagleford wells so it'll be interesting if it becomes the norm for great well production.... Sorry didn't help much but search SA Express News maybe even call reporter from Hess deal... I say probably just slow reaction time on SN.