SANCHEZ ENERGY CORPORATION (OTCMKTS:SNZYP) Files An 8-K Other Events
Item 8.01. Other Events.

On December10, 2018, to the First Lien Credit Agreement (as amended, the “Credit Agreement”) among SN EF UnSub, LP (“SN UnSub”), an unrestricted, non-guarantor subsidiary of Sanchez Energy Corporation, as borrower, JPMorgan Chase Bank, N.A., as administrative agent (the “Administrative Agent”), and the lenders party thereto, dated as of March1, 2017, the Administrative Agent notified SN UnSub that the borrowing base under the Credit Agreement has been decreased from $380 million to $315 million as part of the scheduled semi-annual redetermination by the Administrative Agent and the lenders. All terms of the Credit Agreement remain unchanged. SN UnSub presently has $165 million in borrowings drawn under the Credit Agreement.