ExxonMobil's subsidiary XTO Energy is looking for buyers for some of its assets in Texas.

A spokesperson for ExxonMobil confirmed that its subsidiary, XTO Energy, is seeking buyers for some of its assets in the Eagle Ford shale basin in southern Texas. Two sources familiar with the matter said ExxonMobil has begun marketing the assets, which cover a net area of about 168,000 acres and are valued at over $1 billion. ExxonMobil is marketing the assets internally and has not hired an investment bank. The spokesperson said XTO Energy is assessing market interest in certain specific assets in the Eagle Ford shale basin in southern Texas.