Operator · Mississippi Lime & Permian Basin
Sandridge Energy, Inc.
80 articles mentioning Sandridge Energy, Inc. · Page 2 of 4
SandRidge Boosts North Park Basin Spending +75% for 2019; MidCon Flat
SandRidge Energy has detailed its 2019 capital plans as well as its Q4 2018 results. 2019 Plans - 2019 Capex: $160-180 million (D&C: $115-125 million - comparable to 2018) North Park Basin: $92-100MM (80%) - a...
SandRidge Energy Brings On New CEO
SandRidge Energy has appointed Paul D. McKinney as President and Chief Executive Officer, effective January 29, 2019. Mr. McKinney succeeds the Company's current President and Chief Executive Officer, Mr. William M. Griffin, who will continue to...
SandRidge's Mississippian Subsidiary Out of NYSE Compliance
SandRidge Mississippian Trust I has received notice from the NYSE that the Trust has fallen below the NYSE continued listing requirement due to its stock price being below $1.00 over a period of 30 consecutive trading...
SandRidge on Hunt for New CEO as Griffin "Not Candidate" for Permanent Position
SandRidge Energy's Interim President & CEO William M. Griffin, Jr. is not seeking to make the appointment permanent, according to a recent 8-K form filed with the SEC. Griffin informed the company that "he would not...
SandRidge Board Unimpressed with Buyout Offers; Will Move Forward with Growth Plan
SandRidge Energy has concluded its formal strategic review process following the thorough evaluation of multiple potential transactions, all of which the Board of Directors believes significantly undervalue either the Company or its resources. When the highest...
SandRidge's Niobrara Spacing Tests Boost Results; Talks Latest STACK/Niobrara IPs
SandRidge Energy reported its Q2 2018 results. Niobrara North Park - Spacing Tests Boosts Results During the first quarter, the Company laid out plans to drill two spacing tests located on the eastern and western sides...
New SandRidge Board on the Hunt for Potential Buyers for Assets, Entire Company
SandRidge Energy's new board of directors, which now includes four Icahn-chosen members, have launched a strategic review of the company. The board noted that this could likely result in the sale of significant company assets or...
Icahn Gains Control of SandRidge Board; Picks Up Four Seats
SandRidge Energy has reported that Sylvia K. Barnes and William M. Griffin have been re-elected to its board of directors. Additionally, Icahn-backed Robert Alexander, Jonathan Christodoro, John J. "Jack" Lipinski, and Randolph C. Read were elected...
SandRidge's Production Down -20% YOY; Adds Four Mississippian Wells to Plan
SandRidge reported its Q1 2018 results. Highlights: - Q1 2018 production of 35.6 MBOEPD (down -20% YOY) - 2018 guidance reaffirmed - Reallocated Capital to Drill Four Mississippian Wells in the Third Quarter - The Company...
SandRidge Expands Board to Make Room for Icahn-Nominated Members
SandRidge has reported that it is increasing its board of directors from five to seven members to accommodate two independent nominees put forth by Icahn Capital. In addition, the company recommends shareholders support its current directors...
SandRidge Appoints New Chairman of the Board
SandRidge Energy has reported changes to its board of directors. Michael L. Bennett, who has served on the Board since October 2016, has been appointed Chairman, replacing John V. Genova who has elected to retire from...
Operator IPs 982 BOPD Major County STACK Well
Sandridge reported productionn from the Penelope 2015 1-19H30H well. The well was drilled in Major County, OKlahoma and completed with 937 lbs/ft using the cross-linked completion system. The well flowed 981 BOPD and 1,997 Mcf/d during...
SandRidge Rejects Midstate's Merger Offer; Exploring Strategic Alternatives
SandRidge Energy has rejected Midstate's offer for a business combination after "careful consideration and a detailed technical and financial review." The proposal was initially submitted by Midstates in early February 2018. The deal would have combined...
SandRidge IDs 2018 Budget; Two Rig Program
In its latest release, SandRidge Energy detailed its 2018 budget and plans. Details: - 2018 Capex: $180-190 million (down -25% from $247 million spent in 2017) - Two rigs running (1 NW STACK / 1 North...
SandRidge CEO, CFO Depart Amidst Shakeup
SandRidge's CEO James Bennett and CFO Julian Bott are departing the company in the wake of a chaotic few months which saw the break up of the SandRidge-Bonanza Creek merger deal. Bill Griffin, who currently serves...
Midstates Chatting Up SandRidge for Possible Business Combination
Midstates is looking to capitalize on SandRidge's failed buyout of Bonanza Creek by proposing a business combination between itself and SandRidge. The proposed transaction would combine Midstates and SandRidge in an all-stock merger that would create...
Corporate Raider Ichan Kills Sandridge / Bonanza Creek Deal
SandRidge has ditched its planned acquisition of Bonanza Creek, coming to this decision after consulting with its largest shareholders. According to the release, the decision was unanimously approved by the SandRidge board. As part of the...
SandRidge Adopts 'Poison Pill' Strategy As Corporate Raider Icahn Revealed as Investor
SandRidge Energy is seeing some backlash from investors regarding its pending takeover of Bonanza Creek Energy. In response, the company's board has unanimously approved a short-term shareholder rights plan which will prevent investors from obtaining more...
SandRidge Touts NorthWest STACK 30-Day IPs; 2018 Development Plan
SandRidge reported its Q3 2017 results. Highlights from its call / release include: Production for the third quarter was 3.6 MMBoe Three rigs running (2 STACK / 1 Niobrara) North Park Niobrara "Turning to the North...
Map : Impressive NW STACK Well Results
Linn Energy provided the following map showing NW STACK Well Results. Click to Enlarge Click to Enlarge