Market Overview

SandRidge Energy to Sell Permian Assets for $2.6B in Cash

Share:
Related SD
Global Hunter Securities: $60 Is The New $90 In Oil Prices
Barclays Says SandRidge Will Lose More Money This Year

SandRidge Energy, Inc. (NYSE: SD) today announced that it has signed a definitive agreement to sell its Permian Basin properties to Sheridan Production Partners II, a privately held Houston-based oil and gas company, for $2.6 billion in cash.  SandRidge announced on November 8 that it was exploring the sale of the assets.

Posted-In: News M&A

 

Related Articles (SD)

Around the Web, We're Loving...