TPG-Axon Reminds SandRidge Energy Stockholders to Submit Green Consent Cards before March 15th Deadline

TPG-Axon, beneficial owner of seven percent of the outstanding shares of
SandRidge Energy, Inc. (NYSE: SD) ('SandRidge? or the 'Company?), today
reminded all SandRidge stockholders to be heard and submit their signed
and dated GREEN consent cards before
the March 15, 2013 deadline for submitting consents, to help bring about
the changes needed to put an end to an era of value destruction at the
Company.

TPG-Axon encourages stockholders to vote their consent card immediately
in support of its proposals to amend SandRidge′s bylaws and replace the
Company′s entire Board of Directors with its slate of highly qualified
director nominees who have a comprehensive plan in place to restore and
build value at the Company.

'Mr. Ward and the current Board have failed to address the ongoing
strategic and operational deficiencies at the Company or the serious
governance and related party transaction issues we have raised. We
believe stockholders share our frustration and outrage with this
behavior and encourage them to heed the advice of the two leading
independent proxy advisor firms and support our proposals to replace the
current Directors with our highly qualified nominees,? said TPG-Axon.

TPG-Axon continued: 'Stockholders of record join the movement of fellow
large and small stockholders alike and act now
to replace the entire Board of Directors by voting the GREEN
consent card.?

Separately, TPG-Axon submitted proposals for stockholder approval at the
Company′s upcoming Annual Meeting, including nominating three Board
candidates to replace the incumbents up for reelection, eliminating the
classified Board structure, and removing all incumbent directors.

The notification, which is unrelated to the ongoing consent
solicitation, was made in order to meet the Company′s proposal
submission deadline under its existing corporate bylaws. Under the
current consent solicitation, consents are due by March 15, 2013. Under
the rules of SandRidge′s regular proxy process, Director Nominee
submissions are due by March 1, 2013, before the outcome of the March 15^th
vote is known.

'As matter of prudence and procedure to preserve all of our options, we
felt it important to submit proposals for the stockholder Annual Meeting
as required under the Company′s by-laws. Let our notification today be a
clear message to the Board and our fellow shareholders that we remain
vigilant in our efforts to right this ship and we will pursue every
avenue available to effect the necessary changes needed at SandRidge.
The time has come for an independent Board that is focused on delivering
value to all stockholders,? concluded TPG-Axon.

For information on TPG-Axon′s proposals and on the process for voting
shares in favor of those proposals, go to www.shareholdersforsandridge.com
or contact MacKenzie Partners, Inc. at (212) 929-5500.

About TPG-Axon Capital

TPG-Axon Capital is a leading global investment firm. Through offices in
New York, London, Hong Kong and Tokyo, TPG-Axon invests across global
markets and asset classes.

TPG-AXON MANAGEMENT LP, TPG-AXON PARTNERS GP, L.P., TPG-AXON GP, LLC,
TPG-AXON PARTNERS, LP, TPG-AXON INTERNATIONAL, L.P., TPG-AXON
INTERNATIONAL GP, LLC, DINAKAR SINGH LLC AND DINAKAR SINGH
(COLLECTIVELY, 'TPG-AXON?) HAS FILED WITH THE SECURITIES AND EXCHANGE
COMMISSION (THE 'SEC?) A DEFINITIVE CONSENT STATEMENT AND ACCOMPANYING
CONSENT CARD TO BE USED TO SOLICIT WRITTEN CONSENTS FROM THE
STOCKHOLDERS OF SANDRIDGE ENERGY, INC. IN CONNECTION WITH TPG-AXON'S
INTENT TO TAKE CORPORATE ACTION BY WRITTEN CONSENT. ALL STOCKHOLDERS OF
SANDRIDGE ENERGY, INC. ARE ADVISED TO READ THE DEFINITIVE CONSENT
STATEMENT AND OTHER DOCUMENTS RELATED TO THE SOLICITATION OF WRITTEN
CONSENTS BY TPG-AXON, STEPHEN C. BEASLEY, EDWARD W. MONEYPENNY, FREDRIC
G. REYNOLDS, PETER H. ROTHSCHILD, ALAN J. WEBER AND DAN A. WESTBROOK
(COLLECTIVELY, THE 'PARTICIPANTS') FROM THE STOCKHOLDERS OF SANDRIDGE
ENERGY, INC. BECAUSE THEY CONTAIN IMPORTANT INFORMATION, INCLUDING
ADDITIONAL INFORMATION RELATED TO THE PARTICIPANTS. THE DEFINITIVE
CONSENT STATEMENT AND FORM OF WRITTEN CONSENT HAVE BEEN FURNISHED TO
SOME OR ALL OF THE STOCKHOLDERS OF SANDRIDGE ENERGY, INC. AND ARE, ALONG
WITH OTHER RELEVANT DOCUMENTS, AVAILABLE AT NO CHARGE ON THE SEC'S WEB
SITE AT HTTP://WWW.SEC.GOV.
IN ADDITION, TPG-AXON WILL PROVIDE COPIES OF THE DEFINITIVE CONSENT
STATEMENT AND ACCOMPANYING CONSENT CARD WITHOUT CHARGE UPON REQUEST.

INFORMATION ABOUT THE PARTICIPANTS AND A DESCRIPTION OF THEIR DIRECT OR
INDIRECT INTERESTS BY SECURITY HOLDINGS IS CONTAINED IN THE DEFINITIVE
CONSENT STATEMENT ON SCHEDULE 14A FILED BY TPG-AXON WITH THE SEC ON
JANUARY 18, 2013. THIS DOCUMENT CAN BE OBTAINED FREE OF CHARGE FROM THE
SOURCES INDICATED ABOVE.

Stockholder inquiries

MacKenzie Partners, Inc.

Dan
Burch / Larry Dennedy, 212-929-5500

or

Media Inquiries

ICR

Anton
Nicholas/ Phil Denning/ Jason Chudoba, 203-682-8200

Anton.Nicholas@icrinc.com/
Phil.Denning@icrinc.com/ Jason.Chudoba@icrinc.com