SANDRIDGE ENERGY, INC. ANNOUNCES ENTRY INTO DEFINITIVE AGREEMENT TO ACQUIRE ASSETS IN THE WESTERN ANADARKO BASIN AND ENTRY INTO JOINT DEVELOPMENT AGREEMENT
SDSandRidge Energy(SD) Prnewswire·2024-07-30 04:20

OKLAHOMA CITY, July 29, 2024 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced the entry into a definitive agreement to acquire certain producing assets and leasehold interests in the Cherokee play of the Western Anadarko Basin for cash consideration of $144 million, before customary purchase price adjustments. The Company also entered into a Joint Development Agreement ("JDA") governing its participation in the future development of certain of the acquired lea ...