Shell Sells Eagle Ford Assets as Part of Global Repositioning, an Industrial Info News Alert

Shell Sells Eagle Ford Assets as Part of Global Repositioning, an Industrial 
Info News Alert 
SUGAR LAND, TX -- (Marketwired) -- 06/23/14 --  Written by John Egan
for Industrial Info Resources (Sugar Land, Texas) -- Royal Dutch
Shell plc (NYSE:RDS-A) (The Hague, Netherlands) is selling its
acreage in the Eagle Ford Shale to Sanchez Energy Corporation
(NYSE:SN) (Houston, Texas) for about $639 million, continuing the
super-major's asset sales and portfolio repositioning. Shell bought
that acreage a few years back for an estimated $1 billion. Last
summer, the super-major took a $2.1 billion write-down on the value
of its Eagle Ford assets. 
Other companies featured: BP plc (NYSE:BP), Chevron (NYSE:CVX), Exxon
Mobil (NYSE:XOM) 
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