SANCHEZ ENERGY CORPORATION (OTCMKTS:SNZYP) Files An 8-K Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure.
On January23, 2017, senior management of Sanchez Energy
Corporation (theCompany or
Sanchez
Energy) will host an Analyst Day (the
Analyst
Day) in New York City with analysts and investors
to discuss the Companys current operations, future plans and
operational outlook. For the benefit of all investors, the slide
presentation to be delivered at the Analyst Day is furnished as
Exhibit99.1 to this current report and will be posted along with
a webcast of the Analyst Day presentation on the Companys
website, www.sanchezenergycorp.com, under the section entitled
Investors. A replay of the webcast will also be available under
the aforementioned section on the Companys website until April23,
2017.
The Analyst Day presentation contains, and the Companys officers
and representatives may from time to time make, forward-looking
statements within the meaning of the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. All
statements, other than statements of historical facts, included
in the Analyst Day presentation that address activities, events,
conditions or developments that Sanchez Energy expects,
estimates, believes or anticipates will or may occur or exist in
the future are forward-looking statements. These statements are
based on certain assumptions made by the Company based on
managements experience, perception of historical trends and
technical analyses, current conditions, anticipated future
developments and other factors believed to be appropriate and
reasonable by management. When used in this presentation, words
such as will, potential, believe, estimate, intend, expect, may,
should, anticipate, could, plan, predict, project, profile,
model, strategy, future or their negatives or the statements that
include these words or other words that convey the uncertainty of
future events or outcomes, are intended to identify
forward-looking statements, although not all forward-looking
statements contain such identifying words. In particular,
statements, express or implied, concerning Sanchez Energys future
operating results and returns, Sanchez Energys strategy and plans
or view of the market, or Sanchez Energys ability to replace or
increase reserves, increase production, generate income or cash
flows, and reduce leverage ratios are forward-looking statements.
Forward-looking statements are not guarantees of performance.
Such statements are subject to a number of assumptions, risks and
uncertainties, many of which are beyond our control. Although
Sanchez Energy believes that the expectations reflected in its
forward-looking statements are reasonable and are based on
reasonable assumptions, no assurance can be given that these
assumptions are accurate or that any of these expectations will
be achieved (in full or at all) or will prove to have been
correct. Important factors that could cause Sanchez Energys
actual results to differ materially from the expectations
reflected in its forward-looking statements include, among
others:
Sanchez Energys ability to successfully execute its business and
financial strategies;
the timing and extent of changes in prices for, and demand for,
crude oil and condensate, natural gas liquids, natural gas and
related commodities;
Sanchez Energys ability to utilize the services personnel and
other assets of Sanchez Oil and Gas to existing services
agreements;
Sanchez Energys ability to replace the reserves it produces
through drilling and property acquisitions;
Sanchez Energys ability to successfully close the Comanche
asset acquisition referred to in the Analyst Day presentation;
the realized benefits of Sanchez Energys various acquisitions
and the liabilities assumed in connection with these
acquisitions, including the Comanche asset acquisition referred
to in the Analyst Day presentation;
the realized benefits of Sanchez Energys ventures;
the realized benefits of Sanchez Energys transactions with
Sanchez Production Partners LP;
the realized benefits of Sanchez Energys partnership with
Blackstone referred to in the Analyst Day presentation;
the extent to which Sanchez Energys drilling plans are
successful in economically developing its acreage in, and to
produce reserves and achieve anticipated production levels
from, its existing and future projects;
the accuracy of reserve estimates, which by their nature
involve the exercise of professional judgment and may therefore
be imprecise;
the extent to which Sanchez Energy can optimize reserve
recovery and economically develop its plays utilizing
horizontal and vertical drilling, advanced completion
technologies and hydraulic fracturing;
Sanchez Energys ability to successfully execute its hedging
strategy and the resulting realized prices therefrom;
the credit worthiness and performance of our counterparts
including financial institutions, operating partners and other
parties;
competition in the oil and gas exploration and production
industry for employees and other personnel, equipment,
materials and services and, related thereto, the availability
and cost of employees and other personnel, equipment, materials
and services;
Sanchez Energys ability to access the credit and capital
markets to obtain financing on terms it deems acceptable, if at
all, and to otherwise satisfy its capital expenditure
requirements;
the availability, proximity and capacity of, and costs
associated with, gathering, processing, compression and
transportation facilities;
Sanchez Energys ability to compete with other companies in the
oil and natural gas industry;
the impact of, and changes in, government policies, laws and
regulations, including tax laws and regulations, environmental
laws and regulations relating to air emissions, waste disposal,
hydraulic fracturing and access to and use of water, laws and
regulations imposing conditions and restrictions on drilling
and completion operations and laws and regulations with respect
to derivatives and hedging activities;
developments in oil-producing and natural-gas producing
countries, the actions of the Organization of Petroleum
Exporting Countries and other factors affecting the supply of
oil and natural gas;
Sanchez Energys ability to effectively integrate acquired crude
oil and natural gas properties into its operations, fully
identify existing and potential problems with respect to such
properties and accurately estimate reserves, production and
costs with respect to such properties;
unexpected results of litigation filed against Sanchez Energy;
the extent to which Sanchez Energys crude oil and natural gas
properties operated by others are operated successfully and
economically;
the use of competing energy sources and the development of
alternative energy sources;
the extent to which Sanchez Energy incurs uninsured losses and
liabilities or losses and liabilities in excess of its
insurance coverage; and
the other factors described under ITEM 1A, Risk Factors, in
Sanchez Energys Annual Report on Form10-K for the fiscal year
ended December31, 2015 and any updates to those factors set
forth in its subsequent Quarterly Reports on Form10-Q or
Current Reports on Form8-K.
In accordance with General Instruction B.2 of Form8-K, the
information in this Item 7.01 (including Exhibit99.1
incorporated herein by reference) is deemed to be furnished and
shall not be deemed filed for the purpose of Section18 of the
Securities Exchange Act of 1934, as amended (the
Exchange
Act), or otherwise subject to the liabilities of
that
section, nor shall such information and Exhibitbe deemed
incorporated by reference into any filing under the Securities
Act of 1933, as amended, or the Exchange Act.
Item9.01. Financial Statements and Exhibits.
(d)Exhibits
The following materials are furnished as an exhibit to this
Current Report on Form8-K:
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Exhibits |
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99.1 |
Sanchez Energy Corporation 2017 Analyst Day Conference |