OKLAHOMA CITY, Feb. 25, 2014 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) (the "Company") today announced that it has closed the sale of its Gulf of Mexico and Gulf coast business to Fieldwood Energy LLC, for $750 million, subject to customary adjustments; the assumption of $370 million of abandonment liabilities; and a 2.0% overriding royalty interest in certain exploration prospects. The effective date of the sale [...]
OKLAHOMA CITY, Jan. 27, 2014 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) will release its 2013 fourth quarter and full-year financial and operational results after the close of trading on the New York Stock Exchange on Thursday, February 27, 2014.(Logo: http://photos.prnewswire.com/prnh/20120416/DA88110LOGO The company will host a conference call to discuss these results on Friday, February 28, 2014 at 8:00am CST [...]
OKLAHOMA CITY, Jan. 15, 2014 /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 cash on February 17, 2014 to holders of record on February 1, 2014. The company has 2,650,000 shares of 8.5% Convertible Perpetual Preferred Stock outstanding. (Logo [...]
OKLAHOMA CITY, Jan. 7, 2014 /PRNewswire/ -- Prompted by ongoing drilling success in its onshore operations and a more focused Mid-Continent strategy, SandRidge Energy, Inc. (NYSE: SD) ("SandRidge") today announced the sale of its Gulf of Mexico business, which comprises all of SandRidge's Gulf of Mexico and Gulf Coast properties, to Fieldwood Energy LLC, for $750 million of cash and the assumption of $370 million of [...]
OKLAHOMA CITY, Dec. 16, 2013 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) ("SandRidge"), today announced the appointment of Duane Grubert to the role of Executive Vice President of Investor Relations and Strategy. Prior to joining SandRidge, Mr. Grubert served as a Senior Analyst for Susquehanna Financial Group covering the oil and gas exploration and production sector. Mr. Grubert has over three decades of energy [...]
OKLAHOMA CITY, Dec. 11, 2013 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) today announced that its Board of Directors has declared a $3.00 per share semi-annual dividend on its shares of 6.0% Convertible Perpetual Preferred Stock that will be paid in cash on January 15, 2014 to holders of record on January 1, 2014. The company has 2,000,000 shares of 6.0% Convertible Perpetual Preferred Stock outstanding. (Logo [...]
Increases 2013 Production Guidance by 300 MBoe to 33.6 MMBoe Mississippian Production Averaged 47.9 MBoe per Day in the Third Quarter, a 59% Increase Year-Over-Year Decreased Mississippian Lease Operating Expense to $7.02 per Boe in the Third Quarter, a 22% Decrease Year-Over-Year Delivered 104 Mississippian Wells with an Average 30-day IP of 307 Boe per Day during the Third Quarter, YTD Average 30-day IP of 339 Boe per [...]
OKLAHOMA CITY, Oct. 7, 2013 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) will release its 2013 third quarter financial and operational results after the close of trading on the New York Stock Exchange on Tuesday, November 5, 2013. (Logo: http://photos.prnewswire.com/prnh/20120416/DA88110LOGO) The company will host a conference call to discuss these results on Wednesday, November 6, 2013 at 8:00am CST. The telephone [...]
OKLAHOMA CITY, Sept. 30, 2013 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) today announced that its Board of Directors has declared a $3.50 per share semi-annual dividend on its shares of 7.0% Convertible Perpetual Preferred Stock that will be paid in cash on November 15, 2013 to holders of record on November 1, 2013. The company has 3,000,000 shares of 7.0% Convertible Perpetual Preferred Stock outstanding. (Logo [...]
DENVER, Aug. 27, 2013 /PRNewswire/ -- EnerCom, Inc. today posted video interviews with executives on Oil & Gas 360®, the company's one-stop source of oil and gas news, information and analysis from the professionals at EnerCom, Inc. The interview series conducted at EnerCom's The Oil & Gas Conference® 18 includes a total of 18 interviews covering a variety of topics. All the interviews can be found on Oil & Gas 360® or [...]
PR Newswire OKLAHOMA CITY, Aug. 12, 2013 OKLAHOMA CITY, Aug. 12, 2013 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) ("SandRidge") today announced the appointment of James Bennett, SandRidge's Chief Executive Officer and President, to the Board of Directors, effective August 12, 2013. (Logo: http://photos.prnewswire.com/prnh/20120416/DA88110LOGO) Jeffrey Serota, Chairman of SandRidge's Board of Directors, commented [...]
Mississippian Production Averaged 47.3 MBoe per Day in the Second Quarter, a 20% Increase from the Previous Quarter Brought on 111 Mississippian Wells with an Average 30-day IP of 377 Boe per Day during the Second Quarter Decreased the Quarterly Average Mississippian Well Cost from $3.1 to $2.95 Million Increasing 2013 Mississippian Production Guidance by 4% to 16.8 MMBoe and Total Company Production Guidance by 2% to [...]