Sanchez Energy Doubles Eagle Ford Asset Base in $639 Million Transaction
May 22, 2014
Sanchez Energy Corporation (ticker: SN), based in Houston, Texas, announced a landmark acquisition in its Eagle Ford focus area on May 21, 2014. Sanchez will acquire 106,000 contiguous net acres in the Dimmit, LaSalle and Webb Counties of Texas from Royal Dutch Shell (ticker: RDS.B) for $639 million. The region, which is comprised of acreage Sanchez has named “Catarina,” produced
