Porter Hedges Represents Johnson Rice & Company L.L.C. (as the representative of the underwriters) in a $167.5M public offering by Sanchez Energy Corporation
Porter Hedges represented Johnson Rice & Company L.L.C., as the representative of the underwriters, in a public offering by Sanchez Energy Corporation. Total net proceeds to Sanchez Energy were $167.5 million.
Sanchez Energy intends to use the net proceeds from this offering to partially fund the previously announced $639 million Catarina acquisition of approximately 106,000 net acres in the Eagle Ford Shale.
The Porter Hedges team included Rob Reedy, Kevin Poli, Adam Nalley, Mac Marshall, and Vincent Schuster.