UPDATE: Sanchez Energy (SN) Said to Seek Buyers for Some Eagle Ford Assets Valued Below $500M - Bloomberg

August 24, 2016 1:28 PM EDT

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(Updated - August 24, 2016 1:33 PM EDT)

Sanchez Energy (NYSE: SN) seeks buyers for some Eagle Ford assets, according to Bloomberg, citing people familiar with the matter. The company is soliciting offers for about 25 thousand net acres that may fetch less than $500 million. Citigroup is said to be helping sell more than 17 net acres in La Salle and McMullen counties.

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