Energy company said to work with Citigroup on asset sales Deals pick up as companies raise cash for drilling, debt Sanchez Energy Corp. is seeking buyers for some of its acreage in the Eagle Ford Shale region in south Texas, according to people familiar with the matter, as the explorer looks to raise cash for developing its best prospects. The Houston-based company is soliciting offers for about 25,000 net acres on three patches of land within the basin, one of the people said, asking not to be identified because the process isn’t public. The assets are expected to fetch less than $500 million, the person said. Citigroup Inc. is helping Sanchez sell more than 17,000 net acres, primarily in La Salle and McMullen counties, the people said, in drilling areas that Sanchez has dubbed Cotulla and Wycross. RBC Richardson Barr, an energy advisory unit of Royal Bank of Canada, […]