Akin Gump Reps Sanchez Energy In $220M Eagle Ford Buy

Law360, New York (September 9, 2013, 2:01 PM EDT) -- Sanchez Energy Corp. on Monday further beefed up its presence in the oil-rich Eagle Ford Shale of southern Texas by snapping up about 3,600 acres worth of assets from private equity-controlled Rock Oil Company LLC for $220 million.

Houston-based Sanchez Energy said the working interest in the acreage in McMullen County, Texas, that it's acquiring has 11 million barrels of oil equivalent in proved reserves and is currently producing approximately 2,000 barrels per day. The purchase will boost Sanchez Energy's proved reserves by 25 percent, the...
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