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Timothy Smith

05/03/15 1:45 PM

#140 RE: maytepper #135

$SN 2015 expectation based on expectations for an average of 44,000 BOEPD of production in 2015. If WTI oil averages $60 during 2015 and Henry Hub natural gas averages $2.75 during 2015, then Sanchez Energy should realize approximately $641 million in revenue in 2015, including approximately $91 million in hedge value.