Sanchez Energy Corporation – Texas Unconventional E&P Files Chapter 11 Citing Inability to Service Acquisition Debt, Lines Up $175mn in DIP Financing From Secured Creditors as Restructuring Talks with Key Stakeholders Continue

August 11, 2019 − Sanchez Energy Corporation and 10 affiliated Debtors (OTC Pink: "SNEC," “Sanchez Energy” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Texas, lead case number 19-34508. The Debtors, an independent exploration and production company focused on the acquisition and development of U.S….