Exxon Mobil subsidiary XTO Energy is seeking buyers for some of its assets in the Eagle Ford shale basin in South Texas, Reuters reports, citing confirmation from an Exxon spokesperson.
- Exxon has begun marketing the assets, which span about 168,000 net acres and are valued at over $1b, Reuters reports, citing two sources
- Exxon marketing assets internally and has not hired investment banks
- An Exxon spokesperson told Reuters XTO Energy is exploring market interest for select Eagle Ford assets in South Texas
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