SandRidge Energy, Inc.

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 [...]

OKLAHOMA CITY, July 6, 2015 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) today announced that its Board of Directors has declared a $4.25 per share semi-annual dividend on its shares of 8.5% Convertible Perpetual Preferred Stock that will be paid in shares of Company Common Stock on August 15, 2015 to holders of record on August 1, 2015. Pursuant to Section 3A of the Certificate of Designation governing the terms of [...]

OKLAHOMA CITY, June 10, 2015 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company") (NYSE: SD) has closed its previously announced private offering of $1.25 billion in aggregate principal amount of senior secured notes due 2020 (the "Notes").  The Notes were issued at par and bear interest at a rate of 8.75% per annum.  The Notes are secured on a second-lien priority basis and guaranteed by each of the Company's [...]

OKLAHOMA CITY, May 29, 2015 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company") (NYSE: SD) announced that it is entering into transactions which will increase current liquidity to approximately $1.4 billion, including a revised revolving bank credit facility containing leverage covenants that are less restrictive than under its current credit facility and a private offering of $1.25 billion of senior secured second [...]

OKLAHOMA CITY, May 28, 2015 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company") (NYSE: SD) has priced its previously announced private offering of $1 billion in aggregate principal amount of senior secured notes due 2020 (the "Notes"). The offering size was increased to $1.25 billion from $1.0 billion. The Notes will bear interest at a rate of 8.75% per annum and will be issued at par.  The Notes will be secured on a [...]

Adjusted EBITDA of $182 Million for the First Quarter and Adjusted Earnings of $0.00 per Diluted Share First Quarter 2015 Total Production of 87.7 MBoepd, up 36% vs First Quarter 2014, Pro Forma for Divestitures Mid-Continent Production of 76.2 MBoepd, up 50% vs First Quarter 2014 First Quarter 2015 Mid-Continent Lateral 30-Day IP Rates of 402 Boepd, 52% Oil, 115% of Type Curve Capex of $322 Million in First Quarter 2015 [...]