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SandRidge Energy Announces Expiration of Exchange Offer for its 7.5% Senior Notes due 2021

 SandRidge Energy Announces Expiration of Exchange Offer for its 7.5% Senior
                                Notes due 2021

PR Newswire

OKLAHOMA CITY, Nov. 14, 2012

OKLAHOMA CITY, Nov. 14, 2012 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD)
today announced the expiration of the offer to exchange its outstanding 7.5%
Senior Notes due 2021 that were issued on August 20, 2012 (the "Old Notes")
for new 7.5% Senior Notes due 2021 that are registered under the Securities
Act of 1933, as amended (the "New Notes"). The exchange offer expired at 5:00
p.m., Eastern time, on November 14, 2012. The exchange offer initially was
scheduled to expire on November 8, 2012, but was extended to provide
additional time for holders of outstanding Old Notes to tender such notes for
exchange.

(Logo: http://photos.prnewswire.com/prnh/20120416/DA88110LOGO)

Wells Fargo Bank, National Association, the exchange agent for the exchange
offer, has advised that Old Notes in the aggregate principal amount of
$275,000,000, representing 100% of the aggregate principal amount of Old
Notes, were validly tendered and not validly withdrawn prior to the expiration
of the exchange offer. SandRidge Energy has accepted for exchange all of the
Old Notes, and expects to issue the New Notes in exchange for the Old Notes on
or about November 16, 2012.

This press release is neither an offer to sell nor a solicitation of an offer
to buy securities and no recommendation is made as to whether or not holders
of Old Notes should have exchanged them. The exchange is being conducted
pursuant to the terms of the prospectus and related letter of transmittal
dated October 11, 2012, copies of which were provided to holders of the Old
Notes.

Forward-Looking Statements

Except for historical information contained herein, the statements in this
release are forward-looking. Forward-looking statements are based on
assumptions and beliefs that we believe to be reasonable; however, assumed
facts almost always vary from actual results and the differences between
assumed facts and actual results can be material depending upon the
circumstances. Our forward-looking statements, whether written or oral, are
expressly qualified by these cautionary statements and any other cautionary
statements that may accompany those statements. The forward-looking statements
involve risks and uncertainties that affect our operations, financial
performance, and other factors as discussed in our filings with theSecurities
and Exchange Commission. Among the factors that could cause results to differ
materially are those risks and other disclosures made in the Registration
Statement on Form S-4 under the heading "Risk Factors" and in other filings we
make with the SEC. In addition, we undertake no obligation to update or revise
any forward-looking statements to reflect events or circumstances occurring
after the date of this Statement.

About SandRidge Energy

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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