Sanchez Energy (SN +2%) provides an interim update of its Eagle Ford shale production and...

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

Sanchez Energy (SN +2%) provides an interim update of its Eagle Ford shale production and operations, estimating its current net production rate at ~4,400 boe/day, of which ~84% was oil, up 159% Q/Q. SN says it is running two rigs in the Palmetto area, one rig in Maverick and two rigs in Marquis; it expects to spud up to five wells by year-end 2012.