Sanchez Energy Corp. (fka SNECQ)

[tdeck]

SNEC oil seems solid 63 now at 63.40-.50 range world market will have to see how the Europeans and Asians treat it tonight, as long as it keeps rising we are in like Flynn for paying down debt this Q and future Q's.

management said Capex would be 100-150 mil for the year rather than 800 mil so they could get the debt sorted out to a manageable level, lets keep our fingers crossed it keeps rising and can trade at 70+ for 5-6 months price of stock should follow price of oil IMHO, market knows what company is doing from Q1 CC.

Things work good we could be at folding money again by summers end.



Peace out.