Sanchez Energy (SN) provides a Q3 update: Its net production exit rate at Sept. 30 was ~1,700...

|About: Sanchez Energy Corporation (SN)|By:, SA News Editor

Sanchez Energy (SN) provides a Q3 update: Its net production exit rate at Sept. 30 was ~1,700 boe/day (~86% oil), a 42% Q/Q increase and a 350% Y/Y increase. Q4 production is expected to "significantly increase" during Q4 as seven wells are added; reaffirms 2012 production exit rate guidance range of 4K-%k boe/day.