Sanchez Energy Expands Leadership with Appointments of Chief Operating Officer and New Executive Chairman; Appoints Additional

Sanchez Energy Expands Leadership with Appointments of Chief Operating Officer
 and New Executive Chairman; Appoints Additional Independent Director to its
                                    Board

PR Newswire

HOUSTON, Nov. 28, 2012

HOUSTON, Nov. 28, 2012 /PRNewswire/ --Sanchez Energy Corporation (NYSE: SN),
a fast growing independent oil and gas company with a 95,000 net acre position
in the liquids-rich Eagle Ford formation in South Texas, announced today that
it has appointed Joseph R. DeDominic as its new Senior Vice President and
Chief Operating Officer.

In addition, Sanchez Energy announced today that it has appointed A.R.
Sanchez, Jr. as the new Executive Chairman of its Board of Directors and Alan
G. Jackson as a new independent member of its Board of Directors. Mr. Jackson
was appointed to Sanchez Energy's Compensation and Nominating and Corporate
Governance Committees and was also appointed to serve on the Audit Committee
where, consistent with the NYSE's transition period rules and as previously
contemplated, he will replace Tony Sanchez III on the Audit Committee. The
appointments of Messrs. Sanchez and Jackson bring the total size of Sanchez
Energy's Board of Directors to five, with three directors serving
independently.

Tony Sanchez III, President and Chief Executive Officer, stated "given their
breadth of knowledge, experience and their significant accomplishments in the
oil and gas business, Sanchez Energy is fortunate to add both Mr. DeDominic
and Mr. Sanchez to key leadership positions in its executive ranks. We look
forward to working closely with both of them as Sanchez Energy executes on its
strategic plans. We are also pleased to add Mr. Jackson as a new independent
director to our Board of Directors and look forward to his significant
contributions to the strength and integrity of the Board of Directors and its
corporate governance practices."

Mr. DeDominic has served in various positions at Occidental Petroleum
Corporation and its affiliates ("Oxy") from 2000 until November 2012,
including most recently as President and General Manager of the Williston
Business Unit. He has over 24 years of oil and gas industry experience with
roles of increasing responsibility managing exploration, production,
operations and business development, both in the U.S. and internationally. In
his most recent role, he led the acquisition and growth of Oxy's Bakken and
Three Forks assets in North Dakota, where he was responsible for all aspects
of business operations, including drilling, completions, production,
facilities, land, geological and geophysical, human resources, health, safety
and environment, regulatory and finance. His previous roles with Oxy include
Director, Business Development/North American Growth, Exploration Manager,
Libya and Chief Geologist, Colombia. Mr. DeDominic received a Bachelor of
Arts in Geology from the University of Montana and a Master of Science in
Geology from Texas A&M University.

Mr. Sanchez is the co-founder, Chief Executive Officer, and Chairman of the
Board of Directors of Sanchez Oil & Gas Corporation, a private oil and natural
gas company engaged in the exploration and development of oil and natural gas,
primarily in Texas and the onshore Gulf Coast on behalf of its affiliates.
Mr. Sanchez has close to 40 years of experience in the oil and natural gas
industry. He was instrumental in identifying and acquiring certain of Sanchez
Energy's key Eagle Ford properties and in the successful completion of its
initial public offering. Mr. Sanchez continues to maintain and develop the
deep relationships with South Texas landowners that are critical to Sanchez
Energy's growth. He received his Bachelor of Arts and Doctor of Jurisprudence
degrees from St. Mary's University in San Antonio, Texas.

Mr. Jackson is a Senior Commercial Producer at IBC Insurance Agency, Ltd.
("IBC") and the former co-owner of Inscorp, Inc., a leading commercial
insurance agent/brokerage in South Texas, which was acquired by IBC in 2009.
Mr. Jackson has been in the insurance business since 1969, working with many
land and mineral owners and their representative brokers, bankers and
attorneys, and with many oil and gas operators, non-operators, investors,
service companies, and logistics carriers in the energy industry throughout
South Texas, including the Eagle Ford Shale. Mr. Jackson received his
Bachelor of Business Administration from Texas A&M University at Kingsville,
Texas and is a graduate of the University of Texas, McCombs School of
Business' Management Development Program.

About Sanchez Energy Corporation

Sanchez Energy Corporation is a Houston, Texas based growth oriented
independent exploration and production company currently focused on the
prolific Eagle Ford Shale trend of South Texas. The company has 95,000 net
acres in the volatile oil, black oil, and gas condensate windows of the Eagle
Ford. For more information about Sanchez Energy Corporation, please visit our
website: www.sanchezenergycorp.com

Forward Looking Statements

This press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. All statements, other than statements of historical
facts, included in this press release that address activities, events or
developments that Sanchez Energy expects, believes or anticipates will or may
occur in the future are forward-looking statements. These statements are
based on certain assumptions made by the company based on management's
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 press release,
the words "will," "potential," "believe," "estimate," "intend," "expect,"
"may," "should," "anticipate," "could," "plan," "predict," "project,"
"profile," "model," or their negatives, other similar expressions or the
statements that include those words, are intended to identify forward-looking
statements, although not all forward-looking statements contain such
identifying words. Such statements are subject to a number of assumptions,
risks and uncertainties, many of which are beyond the control of Sanchez
Energy, which may cause actual results to differ materially from those implied
or expressed by the forward-looking statements, including but not limited to,
the continued production of oil and gas at historical rates, costs of
operations, delays, and any other difficulties related to producing oil or
gas, the price of oil or gas, marketing and sales of produced oil and gas,
estimates made in evaluating reserves, competition, general economic
conditions and the ability to manage and continue growth and other factors
described in Sanchez Energy's Annual Report for the fiscal year ended December
31, 2011 and any updates to those risk factors set forth in Sanchez Energy's
Quarterly Reports on Form 10-Q. Further information on such assumptions,
risks and uncertainties is available in Sanchez Energy's filings with the
Securities and Exchange Commission ("SEC"). Sanchez Energy's filings with the
SEC are available on its website at www.sanchezenergycorp.com and on the SEC's
website at www.sec.gov. Any forward-looking statement speaks only as of the
date on which such statement is made and Sanchez Energy undertakes no
obligation to correct or update any forward-looking statement, whether as a
result of new information, future events or otherwise, except as required by
applicable law.

Company contact:

Michael G. Long
Senior Vice President and Chief Financial Officer
Sanchez Energy Corporation
+1-713-783-8000

SOURCE Sanchez Energy Corporation

Website: http://www.sanchezenergycorp.com
 
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