UPDATE: Sanchez Energy Reports Solid Drilling Results on Marquis Project; Shares Pop 8%

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Sanchez Energy Corp. ( SN ) shares are up 8.7% after the company reported solid results on two recent well completions on its Marquis project, located on the Eagle Ford formation in South Texas.

One well was drilled to a depth of 16,216 feet. Over a 24-hour period, the well flowed at a rate of 1,120 barrels of oil equivalent per day. The second well was drilled to a total measured depth of 17,168 feet. Over a 24-hour period, this well flowed at a rate of 1,369 barrels of oil equivalent per day.

SN trades in a 52-week range of $16.37 - $25.37. Shares have increased 4% in the last 12 months.



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This article appears in: Investing , Commodities

Referenced Stocks: SN

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