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

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.
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