Sanchez Energy Corp. (fka SNECQ)

[Timothy Smith]

$SN - Analysts expect Sanchez to make smart acquisitions in terms of getting assets at a really good price such as the Cotulla transaction. But their primary focus should remain on the Eagle Ford Shale.

The company recently hired Joseph DeDominic as its newly appointed chief operating officer. DeDominic has over 24 years of experience in the oil and gas industry, and most recently at Occidental Petroleum (OXY) for the past 12 years.

He built a business unit at Occidental from a nonoperating unit to an operating one, noted Mills. "He has brought a lot of these processes down to Sanchez, and it has really helped them from an operational and management standpoint.

"The Sanchez family has been actively drilling in South Texas since 1972. They've benefited, as they've built out the Eagle Ford Shale position, from strong relationships with landowners through the 40 years of drilling. And that is something that not everybody has."


Read More At Investor's Business Daily: http://news.investors.com/business-the-new-america/062113-660958-sanchez-energy-eagle-ford-shale-oil-gas.htm#ixzz2ZBdw5a44
Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on Facebook