To read the full story
Select an option below:
As part of creating value, Parsley Energy is also divesting what it called “tail-end inventory” in the Southern Midland Basin for about $170 million.
The founder and former top executive of several E&Ps including Chesapeake, SandRidge and Tapstone will partner with Bayou City Energy to hunt for acquisitions in Oklahoma and Kansas.
One of the three research analysts covering SandRidge has written off the deal, acknowledging the merits of concerns by investors including Carl Icahn.