Anyone know what the results of the meeting below were?
Meeting to be held TONIGHT (Thurs 1-28-16) to vote on whether SandRidge Energy will be allowed to drill and explore for oil in Rio Rancho.
Keep in mind, this only involves the drilling of ONE well, and many residents don't want a well drilled too close to the surrounding residential area.
Interesting that SDOC is still pumping money into "drilling" anything in this crude oil glut environment. Makes one ask themselves the obvious question: "If there's too much oil in supply already, why is SandRidge drilling more wells?"
Doesn't sound like a company on the verge of bankruptcy to me.
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