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Oil & Gas Production
SandRidge Permian Trust is a statutory trust, which acquires and holds royalty interests in specified oil and natural gas properties located in Andrews County, Texas. The company was formed by SandRidge Energy, Inc. to own certain royalty interests in specified oil and natural gas well in Andrews County, Texas producing from the Grayburg and San Andres formation within the Permian Basin. The royalty interest in the development wells entitles the trust to receive majority of the proceeds from the sale of oil, natural gas and natural gas liquids production. SandRidge Permian Trust was founded on May 12, 2011 and is headquartered in Austin, TX.
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