SandRidge adds offshore assets
A SandRidge Energy Inc. subsidiary has added about $50 million in assets along the Gulf Coast.
|
Published: June 23, 2012
Leave a comment
In brief
SandRidge
adds asset
SandRidge Energy Inc.'s newest subsidiary has completed a $50 million acquisition of Gulf Coast assets.
Advertisement
SandRidge announced Friday that subsidiary Dynamic Offshore Resources LLC has acquired 74 active wells and about 185,000 gross acres along the Gulf Coast from south Texas to eastern Louisiana. The acreage currently produces about 3,000 barrels of oil a day.
Dynamic bought the offshore assets from Hunt Oil Co. and two affiliates.
SandRidge acquired Houston-based Dynamic in April in a $1.2 billion deal meant to boost the company's oil production.
JAY F. MARKS,
BUSINESS WRITER
If you prefer your thoughts to appear in The Oklahoman's Opinion section, we encourage you to submit a letter to the editor.
Quick Trim
Have you taken Quick Trim products between 08/14/09 and 03/01/13?
anayasupplementsettlement.com
Have you taken Quick Trim products between 08/14/09 and 03/01/13?
anayasupplementsettlement.com
Prev
Follow
