Sandridge To Explore Strategic Options, Including Sale



Reuters

June 29 (Reuters) - U.S. shale oil producer SandRidge Energy Inc said on Friday it plans a strategic review of its business that could include a sale of the company or some of its assets.

Earlier this month, activist investor Carl Icahn won a battle for control of the company, taking five seats on the board of the company that he wants to sell.

(Reporting by Anirban Paul in Bengaluru Editing by Saumyadeb Chakrabarty)



WHAT DO YOU THINK?


Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.