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SandRidge Energy (SD) agrees to sell four of its East Texas natural gas properties to NFR Energy...

SandRidge Energy (SD) agrees to sell four of its East Texas natural gas properties to NFR Energy LLC for $231M. The company plans to use the proceeds to fund its transition to an oil-focused drilling program. Shares +2.5% AH.
Comments (2)
  • Bullish.
    27 Sep 2011, 06:49 PM Reply Like
  • Great move SD! Long calls after they said they were moving from a nat gas focus to an oil focus last week. Long on EOG for same reason.
    27 Sep 2011, 11:52 PM Reply Like
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