Stone ridge buys oklahoma assets from conocophillips

New york--(business wire)--stone ridge holdings group (“stone ridge”), a financial services firm focused on alternative asset management, reinsurance, and bitcoin, today announced that its energy platform, stone ridge energy (“sre”), entered into a definitive agreement to acquire a major portfolio of oklahoma energy assets from conocophillips for approximately $1.3 billion. this marks sre's second acquisition this year, after purchasing over $1 billion of energy assets in colorado, bringing sre.
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