American Real Estate Partners LP , New York, (NYSE: ACP) plans to sell its interests in privately held SandRidge Energy Inc., Oklahoma City, to a consortium of investors for US$243 million in cash. SandRidge has assets in the Permian Basin in West Texas and the Piceance Basin in Colorado. Proved developed reserves are 10.3 million barrels of oil and 256 billion cubic feet of gas.
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