Oklahoma City-based SandRidge Energy Inc. said Monday it is selling a basket of assets that not long ago were considered some of its best oil and gas prospects. The Lower 48-focused independent said it would fetch $47 million from an undisclosed buyer for the North Park Basin (NPB) portfolio in Jackson County. The sale is…
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Range Resources Exploring Various Asset Sales to Reduce Debt
Range Resources Corp. is taking a hard look at its portfolio as it pursues multiple asset sales to help delever its balance sheet, with properties being marketed in northeast Pennsylvania and the Midcontinent. Management also has not ruled out unloading some core inventory that isn’t in the development plans anytime soon.
April 26, 2018