Sanchez Energy Corp. (fka SNECQ)

[Timothy Smith]

@Boomer - Found the well you were talking about. VERY NICE!

EOG (EOG) filed a report with the Texas Railroad Commission recently (link), showing a 8,650 boepd 24 hour initial production rate, of which over 7,500 bopd was oil.

To understand the scale of this well, assuming an 80% NRI and $100 oil (oil is at ~$105 right now), the well produces $600,000 per day in net revenue, vs. a total cost to drill and complete the well of ~$6 million.