Updates, 12/19/2012, 10:30 p.m. EST: The fifth paragraph of this story has been revised to include the names of the Locke Lord partners advising SandRidge in connection with the sale of its Permian Basin assets to Sheridan Production Partners. 12/20/2012, 1:30 p.m. EST. The eighth paragraph as been updated with the names of the lawyers from Andrews Kurth working on the deal.
Andrews Kurth, Covington & Burling, and Locke Lord are advising on a deal that will see Oklahoma Citybased oil and gas exploration company SandRidge Energy sell its assets in Texas’s Permian Basin to closely held Sheridan Production Partners for $2.6 billion in cash.
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