Item 8.01 Other Events

On December 4, 2019, pursuant to the First Lien Credit Agreement (as amended, the "UnSub Credit Agreement") among SN EF UnSub, LP ("SN UnSub"), an unrestricted, non-guarantor subsidiary of Sanchez Energy Corporation, as borrower, JPMorgan Chase Bank, N.A., as administrative agent (the "Administrative Agent"), and the lenders party thereto, dated as of March 1, 2017, the Administrative Agent notified SN UnSub that the lenders under the UnSub Credit Agreement have approved a borrowing base of $185 million as part of the scheduled semi-annual redetermination. All terms of the UnSub Credit Agreement remain unchanged. SN UnSub presently has $150 million in borrowings drawn under the UnSub Credit Agreement.


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