SandRidge Energy, Inc. Declares Semi-Annual Preferred Stock Dividend

     SandRidge Energy, Inc. Declares Semi-Annual Preferred Stock Dividend

PR Newswire

OKLAHOMA CITY, Sept. 21, 2012

OKLAHOMA CITY, Sept. 21, 2012 /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, 2012 to holders of record on
November 1, 2012. The company has 3,000,000 shares of 7.0% Convertible
Perpetual Preferred Stock outstanding.

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About SandRidge Energy, Inc.

SandRidge Energy, Inc.is an oil and natural gas company headquartered
inOklahoma City, Oklahomawith its principal focus on exploration and
production. SandRidge and its subsidiaries also own and operate gas gathering
and processing facilities and CO2treating and transportation 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,Permian Basin,Gulf ofMexico,
West Texas Overthrust andGulf Coast. SandRidge's internet address
iswww.sandridgeenergy.com.

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

SOURCE SandRidge Energy, Inc.

Website: http://www.sandridgeenergy.com
 
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