NEW YORK, NY / ACCESSWIRE / November 19, 2015 / Moments ago, Trader's Choice released new research updates concerning several important developing situations including the following equities: SandRidge Energy Inc. (NYSE: SD), Civeo Corp. (NYSE: CVEO), Fibrocell Science Inc. (NASDAQ: FCSC) and Kimberly Parry Organics Corp. (OTC: KPOC). Trader's Choice has perfected the profitable art of picking stocks, cutting through the [...]
Adds 136,000 Largely Contiguous Net Acres and Multiyear Niobrara Shale Drilling Inventory in North Park Basin, Colorado Diversifies Into Proven High Quality Repeatable Oil Asset Matching SandRidge's Operating Strengths High Quality Stacked Pay Resource Play with Over 1,300 Gross Locations Identified Derisked by 16 Existing Horizontal Producers, Expect to Add ~100 PUD Locations at Year End First Well to Spud in January [...]
OKLAHOMA CITY, Oct. 19, 2015 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company") (NYSE: SD) today announced that, in connection with a regularly scheduled redetermination, its lenders have affirmed the $500 million borrowing base under its senior secured credit facility. In addition, the credit agreement was amended to increase from $200 million to $275 million a basket available to the Company for the cash repurchase [...]
OKLAHOMA CITY, Oct. 8, 2015 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company") (NYSE: SD) today announced that the Company has entered into privately negotiated purchase and exchange agreements under which it will repurchase $100 million aggregate principal amount of its senior unsecured notes for $30 million cash and exchange $300 million of senior unsecured notes into convertible notes. James Bennett, President [...]
OKLAHOMA CITY, Oct. 7, 2015 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) will release its 2015 third quarter shareholder update and financial results after the close of trading on the New York Stock Exchange on Wednesday, November 4, 2015. The company will host a conference call to discuss these results on Thursday, November 5, 2015 at 8:00am CT. The telephone number to access the conference call from within the U.S [...]
OKLAHOMA CITY, Oct. 5, 2015 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company") (NYSE: SD) today announced that it has entered into an agreement to acquire the Piñon Gathering Company, LLC from EIG Global Energy Partners for $48 million cash and $78 million of its 8.75% Senior Secured Notes due 2020. The Piñon Gathering Company, LLC owns approximately 370 miles of gathering lines supporting the natural [...]
OKLAHOMA CITY, Sept. 28, 2015 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company") (NYSE: SD) today announced that its Board of Directors has decided to suspend payment of the $3.50 per share semi-annual dividend on shares of its 7.0% Convertible Perpetual Preferred Stock. James Bennett, President and CEO, commented "Preservation of liquidity and prudent capital allocation are key issues for SandRidge in the current [...]
OKLAHOMA CITY, Aug. 14, 2015 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company") (NYSE: SD) today announced that the Company has entered into privately negotiated purchase and exchange agreements under which it will repurchase $250 million aggregate principal amount of its senior unsecured notes for $94.5 million cash and exchange $275 million of notes into new convertible notes. James Bennett, President and CEO [...]
OKLAHOMA CITY, Aug. 5, 2015 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) today announced that it has appointed Julian Bott as Executive Vice President and Chief Financial Officer of the company. Mr. Bott, who most recently served as Chief Financial Officer at Texas American Resources Company since 2009, assumes the CFO role from Eddie M. LeBlanc, 66, who has served as CFO since July 2013 and has announced his [...]
Adjusted EBITDA of $161 Million for the Second Quarter and Adjusted Loss of $0.03 per Diluted Share Second Quarter Total Production of 89.0 MBoepd (33% Oil, 17% NGLs), up 27% vs. Second Quarter 2014 Raising 2015 Production Guidance Range from 28.0-30.5 MMBoe to 29.0-30.5 MMBoe Lowering 2015 LOE and Production Tax Guidance Ranges Issued $1.25 Billion of Second Lien Notes and Amended Senior Credit Facility $1.5 Billion of [...]
OKLAHOMA CITY, July 27, 2015 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) (the "Company") announced today that it has fallen below the New York Stock Exchange ("NYSE") continued listing requirement that the average closing price of a listed company's common stock be above $1.00 per share, calculated over a period of 30 consecutive trading days. The Company received notice from the NYSE on July 23, 2015 regarding the [...]
OKLAHOMA CITY, July 7, 2015 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) will release its 2015 second quarter shareholder update and financial results after the close of trading on the New York Stock Exchange on Wednesday, August 5, 2015. The company will host a conference call to discuss these results on Thursday, August 6, 2015 at 8:00am CDT. The telephone number to access the conference call from within the U.S [...]