The Gulf of Mexico properties we acquired this year have gotten off to a good start. The integration of DOR has been smooth and production has been in line with our expectations through the second quarter. We do not plan to risk capital exploring for large new fields but exploit existing properties and generate high rates of return through re-completions and in-field drilling to help us fulfill our three year goals.We were able to capitalize on a region of cheap oil with this acquisition and it gave us a platform with a great operating team to further exploit inexpensive oil at a time of dislocation in the marketplace. Not only did we buy inexpensive oil, we are now able to sell expensive oil.
SandRidge Energy's CEO Discusses Second Quarter Results - Earnings Call Transcript
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