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Category: Business

Anadarko Petroleum to sell Texas assets to Sanchez Energy, Blackstone Group for $2.3 billion

Linus Unah – Fourth Estate Contributor

Houston, TX, United States (4E) – Anadarko Petroleum Corp. said it has agreed to sell its Eagleford Shale assets in South Texas for about $2.3 billion to Sanchez Energy Corporation and Blackstone Group LP.

The divestiture includes about 155,000 net acres primarily located in Dimmit and Webb counties.

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