Notes:  Dec. 22, 2014 -- SandRidge Energy, Inc. today provided the following notice regarding its 6.0% Convertible Perpetual Preferred Stock (Cusip 80007P885). As of December 21, 2014, pursuant to the mandatory conversion requirement of Section 8(a) of the Certificate of Designation governing the terms of the Convertible Preferred Stock, each share of Convertible Preferred Stock automatically converted into 9.211496 shares of Common Stock of the Company. Effective as of December 21, 2014, dividends on the Convertible Preferred Stock ceased to accrue. The Company completed the sale of the Convertible Preferred Stock for an aggregate purchase price of $200 million in 2009. ____________ Nov. 30, 2009 -- New Convertible Perpetual Preferred Stock. The company has entered into an agreement to issue and sell 2,000,000 shares of its 6.0% convertible perpetual preferred stock to an institutional investor for an aggregate purchase price of $200 million. The issuance and sale of the convertible preferred stock is expected to close at the same time as the Forest Acquisition. Each share of convertible preferred stock will be convertible at any time on or after February 1, 2010 at the option of the holder into a number of shares of the company’s common stock equal to the liquidation preference of $100 divided by the conversion price, which is initially $10.856 per share, subject to adjustments in certain circumstances. Based on the initial conversion price, approximately 18,422,992 shares of common stock would be issuable upon conversion of all of the shares of convertible preferred stock. Five years after their issuance, all outstanding shares of the convertible preferred stock will be converted automatically into common stock at the then-prevailing conversion price. The issuance and sale of the convertible preferred stock will not be registered under the Securities Act of 1933 and will be effected pursuant to an exemption from such registration requirements.

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HOME PAGE:     http://www.sandridgeenergy.com/
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Company's Email Address Links

Email Address

investors@sandridgeenergy.com

Address and Phone Numbers

Address:   123 Robert S. Kerr Avenue, Oklahoma City, OK 73102
Main Phone Number	405-429-5500
Fax Number	405-429-5977
Investor Contact   Kevin R. White	405-429-5515
Toll Free Phone Number	Unknown

CEO - Tom L. Ward

CFO - James D. Bennett