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

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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.

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