- Sanchez Energy (SN -1.6%) is seeking buyers for some of its acreage in the Eagle Ford Shale region in south Texas, as it looks to raise cash for developing its best prospects, Bloomberg reports.
- SN is soliciting offers for ~25K net acres on three patches of land within the basin, and the assets are expected to fetch less than $500M, according to the report.
- SN has been monetizing parts of its oil and gas pipeline network as it focuses on drilling on the lucrative Catarina patch of the Eagle Ford.