07.01.2014 18:46:00
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SandRidge Energy, Inc. -- Moody's says SandRidge's sale of its Gulf of Mexico assets increases leverage but improves business profile
New York, January 07, 2014 -- Moody's Investors Service, ("Moody's") said that SandRidge Energy's plan to sell its oil and gas properties in the Gulf of Mexico for $750 million does not affect the B1 Corporate Family Rating or the B2 senior unsecured debt rating. For further information, please see www.moodys.com.