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Message
re: SandRidge Sells Gulf of Mexico Business to Fieldwood Energy
Posted on 1/7/14 at 9:43 am to michaelb1100
Posted on 1/7/14 at 9:43 am to michaelb1100
quote:
SD -2.02%
It has slid back up.
I don't know why they are selling their gulf stuff unless they really need the cash. They need to get rid of their on shore Mississippian BS in Oklahoma/Nebraska that has cost a lot of money and not really worked out.
Posted on 1/7/14 at 10:01 am to Clyde Tipton
quote:
I don't know why they are selling their gulf stuff unless they really need the cash. They need to get rid of their on shore Mississippian BS in Oklahoma/Nebraska that has cost a lot of money and not really worked out.
Yeah, it seems like they are pot committed at this point.
Posted on 1/7/14 at 10:11 am to Clyde Tipton
quote:
I don't know why they are selling their gulf stuff unless they really need the cash
it is depleted
quote:
They need to get rid of their on shore Mississippian BS in Oklahoma/Nebraska that has cost a lot of money and not really worked out.
yet
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