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re: SandRidge Energy (SD)

Posted on 12/11/13 at 12:19 pm to
Posted by stevengtiger
Member since Jul 2013
2778 posts
Posted on 12/11/13 at 12:19 pm to
That has been the case in Kansas. I know several people that were buying leases up there and were very excited. Lots of hype and it ended up being a bust when considered the cash paid to lease. I also bought in right before they sold around half of thier assets to a group from South Korea.
Posted by FelicianaTigerfan
Comanche County
Member since Aug 2009
26059 posts
Posted on 12/11/13 at 12:26 pm to
There are still doing a lot of looking trying to find the sweet spots in Kansas but it seems to be turning into more of a NG play and with those prices being so low I just dont see SD spending 10mm per well.

Im considering looking into Goodrich that has a lot of investment in the TMS
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