SandRidge Sells Texas Properties For $231M
The properties, located in Gregg, Harrison, Rusk and Panola counties, span roughly 25,000 net acres, and have had an average production this year of roughly 25 million cubic feet equivalent per day, the company says. SandRidge expects to close the sale in November.
"This asset sale is part of the capital plan [of] … doubling oil production,...
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