Michael L. Bennett Appointed Chairman Replacing John V. Genova Kenneth H. Beer Appointed as New Independent Director Board Recommends Shareholders Elect its Highly-Qualified Nominees OKLAHOMA CITY, April 18, 2018 /PRNewswire/ -- SandRidge Energy, Inc. today announced that Michael L. Bennett, who has served on the Board since October 2016, has been appointed Chairman, replacing John V. Genova who has elected to retire from [...]
OKLAHOMA CITY, April 9, 2018 /PRNewswire/ -- SandRidge Energy, Inc. today issued the following statement in response to Icahn Capital's intention to nominate directors to the SandRidge Board of Directors at the 2018 Annual Meeting of Shareholders. The governing documents of SandRidge Energy are structured to give shareholders significant input over matters such as board composition and to implement desired changes through [...]
OKLAHOMA CITY, March 19, 2018 /PRNewswire/ -- SandRidge Energy, Inc. today announced that its Board of Directors, after careful consideration and a detailed technical and financial review, has rejected Midstates Petroleum's unsolicited public offer to combine the two companies in a stock for stock merger at a 60%/40% exchange ratio. The Company engaged RBC Capital Markets as its financial advisor with respect to these [...]
OKLAHOMA CITY, Feb. 21, 2018 /PRNewswire/ -- SandRidge Energy, Inc. today announced financial and operational results for the quarter and fiscal year ended December 31, 2017. Additionally, the Company will host a conference call to discuss these results on February 22, at 8:00 a.m. CT . Presentation slides will be available on the Company's website, www.sandridgeenergy.com, under Investor Relations/Presentations & Events [...]
OKLAHOMA CITY, Feb. 13, 2018 /PRNewswire/ -- SandRidge Energy, Inc. will release its 2017 fourth quarter and full year financial and operational results after the close of trading on the New York Stock Exchange on Wednesday, February 21, 2018. The company will host a conference call to discuss these results on Thursday, February 22, 2018 at 8:00am CT. The telephone number to access the conference call from within the U.S [...]
OKLAHOMA CITY, Feb. 8, 2018 /PRNewswire/ -- The independent directors of SandRidge Energy, Inc. today issued a letter to update shareholders on its strategic objectives. The text of the letter follows: Dear Fellow SandRidge Shareholder: In our January 23rd letter to you, we committed to expanding our dialog with shareholders. This letter is the first of a series of communications delivering on our pledge to carefully [...]
OKLAHOMA CITY, Feb. 8, 2018 /PRNewswire/ -- The independent directors of SandRidge Energy, Inc. today announced that, in light of our new strategic direction, discussions with large shareholders and robust deliberation among the independent members of the Board, now is the right time to begin transitioning to a new leadership team. James Bennett, the Company's President and Chief Effective Officer, will depart from the [...]
OKLAHOMA CITY, Feb. 7, 2018 /PRNewswire/ -- SandRidge Energy, Inc. today confirmed it has received an unsolicited proposal from Midstates Petroleum Company, Inc. to combine the two companies in an all stock, at market transaction. As previously disclosed, SandRidge's independent directors are engaged in an ongoing dialogue with shareholders and are developing a plan of action in line with their commitment to acting in the [...]
OKLAHOMA CITY, Jan. 23, 2018 /PRNewswire/ -- SandRidge Energy, Inc. today issued a letter to shareholders following its meetings with large shareholders last week. The text of the letter follows: Dear Fellow SandRidge Shareholder: The independent members of the SandRidge Board of Directors have recently met with several large shareholders of the Company to discuss and seek input on a wide variety of topics, including the [...]
OKLAHOMA CITY, Jan. 9, 2018 /PRNewswire/ -- SandRidge Energy, Inc. today commented on the open letter that was received from Carl Icahn this morning: The SandRidge Board of Directors and management team value constructive shareholder dialogue and are engaged in ongoing discussions with shareholders, including Mr. Icahn. In this regard, SandRidge's independent board members are scheduled to meet with several major [...]
OKLAHOMA CITY, Dec. 28, 2017 /PRNewswire/ -- SandRidge Energy, Inc. today announced that it has agreed with Bonanza Creek Energy Inc. to terminate its previously announced agreement to acquire Bonanza Creek. After consultation with SandRidge's largest shareholders, it became clear that the Company would not receive approval for the transaction at the planned special meeting. After careful consideration, the decision [...]
OKLAHOMA CITY, Nov. 1, 2017 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE:SD) today announced financial and operational results for the quarter ended September 30, 2017. Additionally, the Company will host a conference call to discuss these results on November 2, at 8:00 a.m. CT (833-245-9650, International: 647-689-4222 – passcode: 94553818). Presentation slides will be available on [...]