SandRidge Energy, Inc. Sets Record Date for Proposed Consent Solicitation

  SandRidge Energy, Inc. Sets Record Date for Proposed Consent Solicitation

PR Newswire

OKLAHOMA CITY, Dec. 3, 2012

OKLAHOMA CITY, Dec. 3, 2012 /PRNewswire/ --SandRidge Energy, Inc. (the
"Company") (NYSE: SD) today announced that, in response to the proposed
solicitation of written stockholder consents by TPG-Axon Partners, LP (the
"TPG-Axon Consent Solicitation"), the Company's Board of Directors has set
December 13, 2012 as the record date for the determination of the Company's
stockholders who are entitled to execute, withhold or revoke consents relating
to the proposed TPG-Axon Consent Solicitation.

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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 CO[2] treating 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 of Mexico,
West Texas Overthrust and Gulf Coast. SandRidge's internet address is
www.sandridgeenergy.com.

Additional Information

SandRidge may file a consent revocation statement with the U.S. Securities and
Exchange Commission (the "SEC") in connection with the TPG-Axon Consent
Solicitation. Promptly after filing any definitive consent revocation
statement with the SEC, the Company will mail the definitive consent
revocation statement and a form of WHITE consent revocation card to each
stockholder of SandRidge entitled to execute, withhold or revoke consents
relating to the proposed TPG-Axon Consent Solicitation. STOCKHOLDERS OF
SANDRIDGE ARE URGED TO READ ANY SUCH CONSENT REVOCATION STATEMENT AND OTHER
DOCUMENTS FILED WITH THE SEC CAREFULLY IN THEIR ENTIRETY WHEN THEY BECOME
AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Stockholders will
be able to obtain free copies of these documents (when available) and other
documents filed with the SEC by SandRidge through the web site maintained by
the SEC at www.sec.gov.

Certain Information Regarding Participants

SandRidge and certain of its directors and executive officers may be deemed to
be participants in the solicitation of consent revocations from SandRidge
stockholders in connection with the TPG-Axon Consent Solicitation under the
rules of the SEC. Stockholders may obtain information regarding the names,
affiliations, and interests of SandRidge's directors and executive officers in
SandRidge's Annual Report on Form 10-K for the year ended December 31, 2011,
which was filed with the SEC on February 27, 2012, its Quarterly Reports on
Form 10-Q for the first three fiscal quarters of the fiscal year ending
December 31, 2012, filed on May 7, 2012, August 6, 2012 and November 9, 2012,
respectively, and its proxy statement for the 2012 Annual Meeting, which was
filed with the SEC on April 26, 2012. These documents can be obtained free of
charge through the web site maintained by the SEC at www.sec.gov. Additional
information regarding the interests of these participants in any solicitation
of consent revocations and a description of their direct and indirect
interests, by security holdings or otherwise, will also be included in any
consent revocation statement and other relevant materials to be filed with the
SEC if and when they become available.

Forward Looking Statements

This press release contains "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, 2011, which was filed with the SEC on
February 27, 2012, as updated on its Quarterly Report on Form 10-Q for the
fiscal quarter ended September 30, 2012, filed on November 9, 2012, and as may
be further 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 press release 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.

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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