Sanchez Oil & Gas Corporation (“SOG”) is a private company engaged in the management of oil and natural gas properties on behalf of its related companies. Headquartered in Houston, Texas, SOG’s major areas of activity have historically been in the onshore Gulf Coast, Mid-Continent and Rocky Mountain regions. Since 1972, SOG and its related companies have participated in and managed the drilling of over 1,000 wells, investing a substantial amount of capital in well costs, seismic and acreage.
SOG has approximately 250 full-time employees and numerous contract professionals. These individuals are experienced energy professionals with expertise in land administration, drilling (conventional and unconventional resources), completion, production, geosciences and administration. SOG is the operating company for several related companies and, pursuant to services agreements with these entities, provides them with employees and expertise to enable them to develop their assets efficiently and effectively manage their acreage positions.
Sanchez Energy Corporation (“SN”) is an independent exploration and production company focused on the exploration, acquisition and development of unconventional oil and natural gas resources in the onshore U.S. Gulf Coast, with a current focus on the Eagle Ford Shale in South Texas. SN acquired the unconventional assets of Sanchez Energy Partners I, LP (“SEP I”) in exchange for cash and stock when SN completed its IPO on the NYSE on December 19, 2011. SEP I subsequently sold or distributed all of its SN shares and no longer holds an interest in SN. In connection with its IPO, SN entered into a services agreement and other related agreements with SOG, pursuant to which SOG (directly or through its subsidiaries) agreed to provide SN with the services and data that SN believes are necessary to manage, operate and grow its business.
For further details, please click here to go to SN’s website.
For further details, please click here to go to SPP’s website.
Sanchez Resources, LLC was founded in 2010 by Eduardo Sanchez who currently serves as the company’s Chief Executive Officer. The company owns approximately $120 million of proved conventional oil properties in Louisiana and Mississippi and has amassed an 80,000 net acre position in the core of the Tuscaloosa Marine Shale. In 2013, the company formed a joint venture and farmed out a 50% non-operated working interest to Sanchez Energy Corp. Sanchez Resources retained a 50% operated working interest and manages the joint venture on behalf of both parties.
For further details, please click here to go to SR’s website.
Sanchez Energy Partners (SEP) is a series of private partnerships operated and managed by Sanchez Oil & Gas Corporation. Begun in 2006, these partnerships manage oil and natural gas private equity investments for their limited partners including numerous third party institutional and individual investors. SEP’s focus is the exploration for, and development of, onshore oil and natural gas reserves. SEP I was the original investor in the Eagle Ford Shale acreage which was subsequently sold to SN in exchange for cash and stock. SEP I subsequently distributed or sold all its SN shares and no longer holds an interest in SN nor any acreage in the Eagle Ford Shale.
Santerra Energy LLC (“Santerra”) was formed in 2011 to acquire mature conventional shallow oil fields in South Texas and increase production using enhanced oil recovery technologies. Santerra focuses on majority crude oil, high PDP component with established decline trends, long remaining reserve life, and low geologic risk. Santerra has an active asset development program to enhance production and recoverable reserves of its properties through a wide variety of engineering-driven capital projects, including water flood optimization, vertical infill drilling and enhanced oil recovery applications.