This article was first published by Seeking Alpha on January 21, 2015
By Sarfaraz A. Khan. Research Asst. Adnan Mushtaq
Earlier this month, the Denver, Colorado-based SM Energy (NYSE:SM) revealed that it is going to sell its remaining Mid-Continent gas assets located in Northern Louisiana & Eastern Texas and Oklahoma's Arkoma Basin by the middle of 2015. Last year, these assets produced nearly 55.9 million cubic feet equivalents a day of gas and held more than 151 billion cubic feet equivalents of natural gas reserves (78% proved developing producing, 2013 estimates).
