SandRidge Energy, Inc. Declares Semi-Annual Preferred Stock Dividend
OKLAHOMA CITY, July 27 /PRNewswire-FirstCall/ -- SandRidge Energy, Inc. (NYSE: SD) today announced that its Board of Directors has 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 August 15, 2010 to holders of record on August 1, 2010. The company has 2.65 million shares of 8.5% Convertible Perpetual Preferred Stock outstanding.
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 CO2 treating and transportation facilities and conduct marketing and tertiary oil recovery 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 West Texas Overthrust, Permian Basin, Mid-Continent, Cotton Valley Trend in East Texas, Gulf Coast, and Gulf of Mexico. SandRidge's internet address is www.sandridgeenergy.com.
CONTACT: |
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Kevin R. White |
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Senior Vice President |
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SandRidge Energy, Inc. |
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123 Robert S. Kerr Avenue |
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Oklahoma City, OK 73102 |
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+1 (405) 429-5515 |
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SOURCE SandRidge Energy, Inc.
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