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SandRidge Uses New Geological Model in the Woodford

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SandRidge Uses New Geological Model in the Woodford

SandRidge Energy, Inc. has announced operational results for the quarter ended September 30, 2014.

James Bennett, SandRidge CEO and President, commented: "We have had another active and successful quarter of high return growth, with our teams continuing to innovate and create shareholder value. In addition to production growth, we have advanced our multilateral skillset. Given our drilling success, including new Chester and Woodford production, we've added some late-2014 capital for land and 3D seismic investment, and have also raised the midpoint of production guidance from 28.5 to 28.7 MMBoe. Our operations are running well and are supportive of our 2015 program, for which we are currently developing our capital budget."

Highlights: Mid-Continent production grew 19% to 67 MBoe per day…
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