SandRidge Energy agrees to buy Cherokee Play assets for USD 65 million

SandRidge Energy, Inc.

SandRidge Energy, Inc.

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  • SandRidge Energy entered a definitive agreement to buy producing assets and leasehold in the Cherokee Play for USD 65 million cash.
  • Assets add about 3,000 boe/d of net output, about 43% oil, across about 7,000 net acres in the Mid-Continent.
  • Deal effective date is May 1, 2026; closing targeted for the third quarter of 2026; funding planned from cash on hand.
  • Transaction expected to lift production, EBITDA, free cash flow, and liquids mix on a pro forma basis.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SandRidge Energy Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606290830PR_NEWS_USPR_____DA93420) on June 29, 2026, and is solely responsible for the information contained therein.