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The Paragon Report Provides Stock Research on SandRidge Energy Inc. and Northern Oil & Gas, Inc.NEW YORK, NY -- (Marketwire) -- 03/26/12 -- Reuters reported Iranian oil exports will drop by 300,000 barrels a day this month because of tighter sanctions. As a result Oil prices rallied across the board Friday. Oil futures hit recent highs of $108 a barrel on the New York Mercantile Exchange. The Paragon Report examines the [...]
OKLAHOMA CITY, March 1, 2012 /PRNewswire/ -- SandRidge Energy, Inc.
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 May 15, 2012 to holders of record on May 1, 2012. The company has 3,000,000 shares of 7.0% Convertible Perpetual Preferred Stock outstanding.
Increases Oil Production by 60% and Total Production by 16% from 2010Increases Consolidated Proved PV-10 by 52% from Year End 2010 with Reserve Replacement of 303%Announces Acquisition of Dynamic Offshore Resources, LLC for $1.275 Billion
SandRidge Energy will release its 2011 fourth quarter and full-year financial and operational results after the close of trading on the New York Stock Exchange on Thursday, February 23, 2012. The company will host a conference call to discuss these results on Friday, February 24, 2012 at 8:00am CST. The telephone number to access the conference call from within the U.S. is 866-700-6379 and from outside the U.S. is [...]
OKLAHOMA CITY, Jan. 19, 2012 /PRNewswire/ -- SandRidge Energy, Inc.
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 15, 2012 to holders of record on February 1, 2012. The company has 2.65 million shares of 8.5% Convertible Perpetual Preferred Stock outstanding.
Sydney, Australia (ABN Newswire) - AusTex Oil Limited (ASX:AOK) (PINK:ATXDY) advises that the company has acquired over 8,000 acres of oil and gas leases that is prospective Mississippi Lime acreage with a 70% Working Interest and a 58.8% Net Revenue Interest in Kansas. The Company has agreements on additional leases that will be announced upon settlement.
OKLAHOMA CITY, Jan. 5, 2012 /PRNewswire/ --SandRidge Energy, Inc.
('SandRidge') today announced the filing of a Registration Statement with the Securities and Exchange Commission relating to the initial public offering of approximately $500 million in common units representing beneficial interests in SandRidge Mississippian Trust II, a newly formed Delaware trust. The underwriters will have an option to purchase up to [...]
OKLAHOMA CITY, Jan. 5, 2012 /PRNewswire/ -- SandRidge Energy, Inc.
today announced the closing of its previously announced joint venture transaction with a subsidiary of Repsol YPF, S.A., a leading international energy company based in Madrid, Spain.
At closing, SandRidge received approximately $250 million in cash and transferred to Repsol an undivided 16% non-operated working interest in SandRidge's original
OKLAHOMA CITY, Dec. 22, 2011 /PRNewswire/ -- SandRidge Energy, Inc. ('SandRidge')
announced today that it has entered into a Joint Venture ('JV') with a subsidiary of Repsol YPF, S.A., a leading international energy company based in Madrid, Spain. Under the agreement, SandRidge will sell an approximate 25% non-operated working interest, or 250,000 net acres, in the Extension Mississippian play located in Western Kansas [...]
OKLAHOMA CITY, Nov. 17, 2011 /PRNewswire/ -- SandRidge Energy, Inc.
today announced the expiration of the offer to exchange all of its outstanding 7.5% Senior Notes due 2021 issued March 15, 2011 ('Old Notes') for new 7.5% Senior Notes due 2021 ('New Notes') that are registered under the Securities Act of 1933. The exchange offer expired at 5:00 p.m., Eastern time, on November 16, 2011.