Sanchez, Blackstone team to buy Eagle Ford acreage from Anadarko for $2.3 billion

Posted on January 13, 2017 at 5:08 pm.

Sanchez Energy Corp., Houston, and funds managed by private equity firm Blackstone Energy Partners LP have entered a 50-50 partnership and agreed to acquire working interest in 318,000 gross operated acres in the western Eagle Ford shale of South Texas from Anadarko Petroleum Corp., The Woodlands, Tex., for $2.3 billion.

Source: News