Item 8.01 Other Events

As previously disclosed, on January 28, 2020, Sanchez Energy Corporation, the financial institutions or other entities from time to time parties thereto as lenders, and Wilmington Savings Fund Society, FSB, as administrative agent and collateral agent, entered into an Amended and Restated Senior Secured Debtor-in-Possession Term Loan Credit Agreement (the "Loan Agreement"), which, among other things, provides for certain milestone dates which the Loan Agreement provides may be extended with the consent of the Required Lenders (as defined in the Loan Agreement). On March 16, 2020, as contemplated and permitted by the Loan Agreement, the Required Lenders provided written notice of their consent to an extension of the milestone date for the filing of an Acceptable Plan of Reorganization (as defined in the Loan Agreement) (a "Plan") and the related disclosure statement to March 17, 2020. On March 17, 2020, as contemplated and permitted by the Loan Agreement, the Required Lenders provided written notice of their consent to (i) a further extension of the milestone date for the filing of a Plan and the related disclosure statement to March 19, 2020, and (ii) an extension for the milestone date for the entry of an order approving the disclosure statement to April 23, 2020 from the last reported extension to April 20, 2020. On March 19, 2020, as contemplated and permitted by the Loan Agreement, the Required Lenders provided written notice of their consent to (i) a further extension of the milestone date for the filing of a Plan and the related disclosure statement to March 20, 2020 and (ii) a further extension for the milestone date for the entry of an order approving the disclosure statement to April 24, 2020.

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