Sanchez Energy acquisitions, on the record

Word for word“On December 14, 2016, we completed the initial closing of the Cotulla Disposition for cash consideration of approximately $153.5 million.” 10-K for 2016

Word for word“The Company received aggregate cash consideration of approximately $55.5 million and SPP agreed to assume approximately $24.5 million of the Company’s remaining capital contribution commitments in connection 3 Table of Contents with the acquisition (the “Carnero Processing Disposition”).” 10-K for 2016

Word for word“On November 22, 2016, the Company also completed the Production Asset Transaction (as defined in “Item 8. Financial Statements and Supplementary Data — Note 3, Acquisitions and Divestitures”) cash consideration of $25.6 million after $1.4 million in normal and customary closing adjustments.” 10-K for 2016

Word for word“On October 14, 2015, the Company completed the Western Catarina Midstream Divestiture (as defined in “Item 8. Financial Statements and Supplementary Data — Note 3, Acquisitions and Divestitures”) for an adjusted purchase price of $345.8 million in cash.” 10-K for 2016

Word for word“On March 31, 2015, we completed the Palmetto Disposition (as defined in “Item 8. Financial Statements and Supplementary Data —Note 3, Acquisitions and Divestitures”) for an adjusted purchase price of approximately $83.4 million.” 10-K for 2016

Word for word“On June 30, 2014, we completed our acquisition of 106,000 net contiguous acres in Dimmit, LaSalle and Webb Counties, Texas (the “Catarina Acquisition”) in the Eagle Ford Shale with an effective date of January 1, 2014.” 10-K for 2016

Word for word“On January 12, 2017, the Company, through two of our subsidiaries, SN EF UnSub, LP (“SN UnSub”) and SN EF Maverick, LLC (“SN Maverick”), along with an entity controlled by The Blackstone Group, L.P., Gavilan Resources, LLC (“Blackstone”), signed a purchase and sale agreement (the “Comanche Purchase Agreement”) to acquire assets (the “Comanche Assets”) from Anadarko E&P Onshore LLC and Kerr-McGee Oil and Gas Onshore LP (together, “Anadarko”) for $2,275 million in cash, subject to customary closing adjustments (the “Comanche Acquisition”).” 10-K for 2016

Word for word“On September 19, 2017, the Company, through its wholly owned subsidiary, SN Cotulla Assets, LLC (“SN Cotulla”), sold approximately 68,000 undeveloped net acres located in the Eagle Ford Shale in LaSalle and Webb Counties, Texas to Vitruvian Exploration IV, LLC for approximately $105 million in cash, after preliminary closing adjustments (the “Javelina Disposition”).” 10-K for 2017

Word for word“On March 1, 2017, the Company, through two of its subsidiaries, SN EF UnSub, LP (“SN UnSub”) and SN EF Maverick, LLC (“SN Maverick”), along with Gavilan Resources, LLC (“Gavilan”), an entity controlled by The Blackstone Group, L.P. completed the acquisition of approximately 318,000 gross (155,000 net) acres comprised of 252,000 gross (122,000 net) Eagle Ford Shale acres and 66,000 gross (33,000 net) acres of deep rights only, which includes the Pearsall Shale, representing an approximate 49% average working interest therein (the “Comanche Assets”) from Anadarko E&P Onshore LLC and Kerr-McGee Oil and Gas Onshore LP (together, “Anadarko”) for approximately $2.1 billion in cash (the “Comanche Acquisition”).” 10-K for 2017

Word for word“The consideration received from the Marquis Disposition was based on a January 1, 2017 effective date and is subject to normal and customary post-closing adjustments.” 10-K for 2017

Word for word“On December 14, 2016, SN Cotulla Assets, LLC (“SN Cotulla”), a wholly-owned subsidiary of the Company, sold approximately 15,000 net acres located in Dimmit County, Frio County, LaSalle County, Zavala County and McMullen County, Texas (the “Cotulla Assets”) to Carrizo (Eagle Ford) LLC for an adjusted purchase price of approximately $153.5 million , subject to normal and customary post-closing adjustments (the “Cotulla Disposition”).” 10-K for 2017

Word for word“On October 14, 2015, the Company and SN Catarina, LLC (“SN Catarina”) completed the sale of SN Catarina’s interests in Catarina Midstream, LLC, a wholly-owned subsidiary of SN Catarina (“Catarina Midstream”), which as of the closing included certain midstream gathering lines and associated assets and interests located in Dimmit County and Webb County, Texas and 105,263 SNMP Common Units to SNMP for an adjusted purchase price of $345.8 million in cash (the “Western Catarina Midstream Divestiture”) .” 10-K for 2017

Word for word“On March 31, 2015, the Company completed the disposition to a subsidiary of SNMP of escalating amounts of partial working interests in 59 wellbores located in Gonzales County, Texas for an adjusted purchase price of approximately $83.4 million (the “Palmetto Disposition”).” 10-K for 2017

Word for word“On June 30, 2014, the Company completed the acquisition of 106,000 net contiguous acres in Dimmit, LaSalle and Webb Counties, Texas in the Eagle Ford Shale from SWEPI LP and Shell Gulf of Mexico Inc. for an adjusted purchase price of approximately $557 million (the “Catarina Acquisition”).” 10-K for 2017