Oil, Gas and Consumable Fuels
Company Overview of Sabine Oil & Gas Corporation
Sabine Oil & Gas Corporation, an independent oil and natural gas company, engages in the acquisition, exploration, exploitation, and development of oil and natural gas properties onshore in the United States. As of December 31, 2014, the company had interests in approximately 219,200 net acres in East Texas, targeting the Cotton Valley Sand, Haynesville Shale, and Pettet formations; 58,700 net acres in South Texas, prospective for the Eagle Ford Shale formation; and 36,900 net acres in North Texas, targeting the Granite Wash formation. It had proved undeveloped reserves totaled approximately 6 million barrels (MMBbls) of oil and 17 MMBbls of natural gas liquids, as well as 469 billion cubic ...
1415 Louisiana Street
Houston, TX 77002
Founded in 2006
Key Executives for Sabine Oil & Gas Corporation
Chairman, Chief Executive Officer and President
Total Annual Compensation: $1.0M
Chief Operating Officer and Executive Vice President
Total Annual Compensation: $469.5K
Senior Vice President of Asset Development
Total Annual Compensation: $376.0K
Compensation as of Fiscal Year 2014.
Sabine Oil & Gas Corporation Key Developments
Timothy D. Yang Resigns as Senior Vice President, Land & Legal, General Counsel, Chief Compliance Officer and Secretary of Sabine Oil & Gas Corporation
Jul 20 15
On July 20, 2015, Timothy D. Yang resigned from his position as senior vice president, land & legal, general counsel, chief compliance officer and secretary of Sabine Oil & Gas Corporation, effective July 24, 2015, to pursue other opportunities. Mr. Yang's resignation did not result from any disagreement with the company regarding any matter related to the company's operations, policies or practices.
Sabine Oil & Gas Corporation will Change its Ticker to SOGCQ from SOGC
Jul 15 15
Effective July 16, 2015, Sabine Oil & Gas Corporation will change its Pink Sheets LLC stock ticker symbol to SOGCQ from SOGC.
Sabine Oil Reviews Alternatives
Jul 15 15
David Sambrooks, President and Chief Executive Officer of Sabine Oil & Gas Corporation (OTCPK:SOGC.Q), said, "The actions we are announcing today represent an important step forward in our efforts to strengthen the Company's capital structure. Following a comprehensive review of our alternatives, the Board of Directors and management team determined that this process would produce the best outcome for Sabine and its stakeholders. Undertaking this process provides an orderly path forward to better align the Company's balance sheet with changing market dynamics."
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July 15, 2015