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

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

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.