Sandridge Energy Names New Chief Financial Officer

OKLAHOMA CITY, June 25, 2013 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) ("SandRidge"), announced today the appointment of Eddie LeBlanc to the role of Executive Vice President and Chief Financial Officer.  Mr. LeBlanc will fill the role of CFO that was vacated when James Bennett was recently named Chief Executive Officer and President. 

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Mr. LeBlanc, who will begin his role on July 8, 2013, brings to SandRidge broad financial experience in the exploration and production industry, at both private and publicly held companies, including having served as Chief Financial Officer at each of East Resources Inc. (2010 – 2013), Oklahoma City-based PostRock Energy Corporation (2009 – 2010), Ascent Energy Company (2003 – 2007), Range Resources Corporation (2000 – 2003), and Coho Energy, Inc. (1995 – 1999).  Previously in his career, Mr. LeBlanc served in senior positions at other diversified energy companies and as an auditor with Ernst & Ernst. He holds a Bachelor of Science in Business Administration from the University of Louisiana at Lafayette (formerly the University of Southwestern Louisiana) and is a certified public accountant and a chartered financial analyst.

James D. Bennett, Chief Executive Officer and President, commented, "With a solid background in both finance and accounting and over 20 years' experience serving in senior financial positions in the energy industry, Eddie will be a great addition to our senior management team.  We expect him to focus on capital discipline, optimizing SandRidge's spending levels, and executing on our previously announced financial strategy designed to delivers returns to our shareholders."

About SandRidge:
SandRidge Energy, Inc. is an oil and natural gas company headquartered in Oklahoma City, Oklahoma with its principal focus on exploration and production. SandRidge and its subsidiaries also own and operate gas gathering and processing facilities and conduct marketing operations. In addition, Lariat Services, Inc., a wholly-owned subsidiary of SandRidge, owns and operates a drilling rig and related oil field services business. SandRidge focuses its exploration and production activities in the Mid-Continent, Gulf of Mexico, West Texas and Gulf Coast regions. SandRidge's internet address is www.sandridgeenergy.com.

FORWARD-LOOKING STATEMENTS
This communication may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties that may individually or mutually impact the matters herein described for a variety of reasons that are outside the control of the company. Actual results could differ materially from those discussed above. Important factors that could affect performance and cause results to differ materially from management's expectations are described in the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Annual Report on Form 10-K for the year ended December 31, 2012, which was filed with the Securities and Exchange Commission (the "SEC") on March 1, 2013, as may be updated from time to time in the company's SEC filings, which are available through the web site maintained by the SEC at www.sec.gov. The company's forward-looking statements in this communication are based on management's current views and assumptions regarding future events and speak only as of their dates. The company undertakes no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise, except as required by the federal securities laws.

SandRidge Contacts:

Investors
Kevin R. White
Senior Vice President
SandRidge Energy, Inc.
123 Robert S. Kerr Avenue
Oklahoma City, OK 73102
+1 (405) 429-5515

Media
Gregory T. Dewey
Senior Vice President
SandRidge Energy, Inc.
123 Robert S. Kerr Avenue
Oklahoma City, OK 73102
+1 (405) 429-6388

SOURCE SandRidge Energy, Inc.