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

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

PR Newswire

OKLAHOMA CITY, Dec. 07, 2012

OKLAHOMA CITY, Dec. 07, 2012 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD)
today announced that its Board of Directors has declared a $3.00 per share
semi-annual dividend on its shares of 6.0% Convertible Perpetual Preferred
Stock that will be paid in cash on January 15, 2013 to holders of record on
January 1, 2013. The Board of Directors also declared a $4.25 per share
semi-annual dividend on its shares of 8.5% Convertible Perpetual Preferred
Stock that will be paid in cash on February 15, 2013 to holders of record on
February 1, 2013.

The company has 2,000,000 shares of 6.0% Convertible Perpetual Preferred Stock
outstanding and 2,650,000 shares of 8.5% Convertible Perpetual Preferred Stock
outstanding.

About SandRidge Energy, Inc.

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.

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
 
Press spacebar to pause and continue. Press esc to stop.