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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Sandridge Energy Acquies Western Anadarko Assets For $144 Million

Sandridge Energy, Inc. Not Disclosed
AnnouncedJul 29, 2024
TypeAsset
Announced Date
July 29,2024
Effective Date
July 01,2024
Close Date
August 30,2024
Transaction Type
Asset
Enterprise Value (EV)($MM)
144




Snapshot
Asset/Basin:
["Western Anadarko Basin"]
TargetZones:
["Cherokee Shale"]
% Oil:

Location
Region
Mid-Continent

Country
United States

State
Oklahoma

Production
Production

Production Mix


Calculated Metrics( EV/Category)
$/ Flowing

$/Location

Transaction Details:  Subscribe to see

SandRidge Energy said it is acquiring certain producing assets and leasehold interests in the Cherokee play of the Western Anadarko Basin for cash $144 million. The Company also entered into a Joint Development Agreement ("JDA") governing its participation in the future development of certain of the acquired leasehold interests.

Acquisition Highlights

Net production of ~6 MBoed (~40% oil) focused in Ellis and Roger Mills Counties, Oklahoma

Includes 42 producing wells in addition to 4 drilled uncompleted ("DUC") wells scheduled to be turned to production in 2024

Immediately accretive…

United States Deal Activity In Last 12 Months



Other Mid-Continent Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Jan-27-2025 - - Click here Texas  E&P
Mar-02-2022 - - Click here Oklahoma  E&P
Nov-10-2021 - - Click here Texas  E&P
May-18-2021 - - Click here Oklahoma  E&P
Apr-26-2021 - - Click here Oklahoma  E&P

Other United States Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Feb-17-2026 - - Click here Oklahoma  E&P
Feb-02-2026 - - Click here Oklahoma  E&P
Sep-09-2025 - - Click here Oklahoma  E&P
Aug-07-2025 - - Click here Oklahoma  E&P
Mar-24-2025 - - Click here Oklahoma  E&P

Price History



Date Deal Headline Price$/acre
Feb-17-2026 Ovintiv Sells Anadarko Assets for $3 Billion -  
Feb-02-2026 Devon Acquires Coterra Energy; Bulk Up on Permian, Adds Gas Bank -  
Sep-09-2025 Diversified Energy Acquires Canvas Energy for $550MM -   2,136