
Sanchez Energy Corp., an independent exploration and production company focused on the Eagle Ford Shale in South Texas, has commenced an initial public offering of 10,000,000 shares of its common stock.
The underwriters will be granted a 30-day option to purchase from Sanchez up to an additional 1,500,000 shares of common stock to cover over-allotments, if any. The common stock will be listed on the New York Stock Exchange and traded under the symbol "SN."
Sanchez was recently formed by affiliates of Sanchez Oil & Gas Corp. focused on the exploration, acquisition and development of unconventional oil and natural gas resources.
Johnson Rice & Company LLC and Macquarie Capital (USA) Inc. are acting as joint book-running managers. Simmons & Company International, Canaccord Genuity Inc., Capital One Southcoast Inc., Cowen and Company LLC and Stifel, Nicolaus & Co. Inc. are acting as co-managers for the offering.





