SandRidge Energy recently closed two transactions that it said would “improve operating efficiency” of the company. In the Central Basin Platform region of the Permian basin, it sold essentially all of its oil and gas properties together with 13.125 million common units of the SandRidge Permian Trust to an unaffiliated party for $14.5 million. The company separately acquired oil and gas properties in the Mississippi Lime and NW STACK areas of Oklahoma and Kansas for $25.1 million.

Source: News