Market Overview

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

Share:
Related SD
SandRidge Energy, Inc. Announces Acquisition of Pinon Gathering Company, LLC , $48M Cash And $78M In Sr. Secured Notes
Could LoanCore Realty Be A Better REIT?
SandRidge Energy - Bankruptcy Possible Within 30 Days (Seeking Alpha)

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)

View Comments and Join the Discussion!