SandRidge Energy (SD -0.2%) sells its oil recovery unit in the Permian basin to Trinity CO2...

|About: SandRidge Energy, Inc. (SD)|By:, SA News Editor

SandRidge Energy (SD -0.2%) sells its oil recovery unit in the Permian basin to Trinity CO2 Investments for $130M. SD says the divested properties currently produce ~1,100 boe/day, and include ~60 wells. "Another good sale for Sandridge as it continues to divest from smaller projects," Global Hunter analysts say.