SandRidge Energy

SandRidge Energy, Inc. Announces 2021 Second Quarter Operational and Financial Results Release Date and Conference Call Information

Wednesday, May 5, 2021 - 6:18pm

b'OKLAHOMA CITY, May 4, 2021 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) (the "Company") today announced plans to release first quarter 2021 operational and financial results after the close of trading on Tuesday, May 11, 2021.

Key Points: 
  • b'OKLAHOMA CITY, May 4, 2021 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) (the "Company") today announced plans to release first quarter 2021 operational and financial results after the close of trading on Tuesday, May 11, 2021.
  • In conjunction with that release, the Company also plans to release an updated investor presentation.
  • The presentation will be on the Company\'s website at http://investors.sandridgeenergy.com/Investor-Relations/ .\nManagement will host a live conference call on Wednesday, May 12, 2021 at 10:00 a.m. Central Time to review first quarter 2021 financial results and operational highlights as well as the updated investor presentation.\nSandRidge Energy, Inc. (NYSE: SD) is an independent oil and gas company engaged in the development and acquisition of oil and gas properties.
  • Its primary area of operations is the Mid-Continent region in Oklahoma and Kansas.Further information can be found at www.sandridgeenergy.com .\nView original content to download multimedia: http://www.prnewswire.com/news-releases/sandridge-energy-inc-announces-2...\n'

SandRidge Mississippian Trust II Announces Quarterly Distribution

Thursday, April 23, 2020 - 9:15pm

SANDRIDGE MISSISSIPPIAN TRUST II (OTC: SDRMU) today announced a quarterly distribution for the three-month period ended March 31, 2020 (which primarily relates to production attributable to the Trusts interests from December 1, 2019 to February 29, 2020) of approximately $0.7 million, or $0.015 per unit.

Key Points: 
  • SANDRIDGE MISSISSIPPIAN TRUST II (OTC: SDRMU) today announced a quarterly distribution for the three-month period ended March 31, 2020 (which primarily relates to production attributable to the Trusts interests from December 1, 2019 to February 29, 2020) of approximately $0.7 million, or $0.015 per unit.
  • The Trust makes distributions on a quarterly basis on or about the 60th day following the completion of each quarter.
  • As described in the Trusts annual and quarterly reports filed with the Securities and Exchange Commission (the SEC), the trust agreement governing the Trust requires the Trust to dissolve and commence winding up of its business and affairs if cash available for distribution for any four consecutive quarters, on a cumulative basis, is less than $5.0 million.
  • As provided in the trust agreement, SandRidge Energy, Inc. (SandRidge) has a right of first refusal with respect to any sale of assets to a third party.

SandRidge Mississippian Trust I Announces Quarterly Distribution

Thursday, April 23, 2020 - 9:15pm

This is intended to be a qualified notice by SandRidge Mississippian Trust I to nominees and brokers as provided for under Treasury Regulation Section 1.1446-4(b), and while specific relief is not specified for Section 1441 income, this disclosure is intended to suffice.

Key Points: 
  • This is intended to be a qualified notice by SandRidge Mississippian Trust I to nominees and brokers as provided for under Treasury Regulation Section 1.1446-4(b), and while specific relief is not specified for Section 1441 income, this disclosure is intended to suffice.
  • Nominees and brokers should withhold at the highest marginal rate on the distribution made to non-U.S. persons.
  • The anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from SandRidge Energy, Inc. (SandRidge) with respect to the relevant period.
  • Neither SandRidge nor the Trustee intends, and neither assumes any obligation, to update any of the statements included in this press release.

SandRidge Energy Announces a Leadership Transition and Further Initiatives to Improve Shareholder Value

Tuesday, April 7, 2020 - 11:45am

OKLAHOMA CITY, April 7, 2020 /PRNewswire/ --SandRidge Energy, Inc. ("SandRidge" or the "Company") (NYSE: SD) today announced new leadership as well as further initiatives to realize shareholder value.

Key Points: 
  • OKLAHOMA CITY, April 7, 2020 /PRNewswire/ --SandRidge Energy, Inc. ("SandRidge" or the "Company") (NYSE: SD) today announced new leadership as well as further initiatives to realize shareholder value.
  • Most recently, Mr. Giesler led the cost and operational turnaround and subsequent cash sale in January for Jones Energy, Inc. ("Jones Energy").
  • At Jones Energy, Mr. Giesler led a team that significantly right-sized that company's administrative and operating costs as well meaningfully improved its capital expenditure efficiency and effectiveness.
  • Commensurate with the new leadership appointment, the Company plans to implement several further significant initiatives to maximize free cash flow, reduce the Company's low debt level, preserve its strong balance sheet and liquidity position and, ultimately, to realize greater shareholder value.

SandRidge Mississippian Trust II Announces Quarterly Distribution and Trust Dissolution Date

Thursday, January 23, 2020 - 9:15pm

SANDRIDGE MISSISSIPPIAN TRUST II (OTC: SDRMU) today announced a quarterly distribution for the three-month period ended December 31, 2019 (which primarily relates to production attributable to the Trusts interests from September 1, 2019 to November 30, 2019) of approximately $0.7 million, or $0.014 per unit.

Key Points: 
  • SANDRIDGE MISSISSIPPIAN TRUST II (OTC: SDRMU) today announced a quarterly distribution for the three-month period ended December 31, 2019 (which primarily relates to production attributable to the Trusts interests from September 1, 2019 to November 30, 2019) of approximately $0.7 million, or $0.014 per unit.
  • The Trust makes distributions on a quarterly basis on or about the 60th day following the completion of each quarter.
  • The distribution is expected to occur on or before February 28, 2020 to holders of record as of the close of business on February 14, 2020.
  • As provided in the trust agreement, SandRidge Energy, Inc. (SandRidge) has a right of first refusal with respect to any sale of assets to a third party.

SandRidge Mississippian Trust I Announces Quarterly Distribution

Thursday, January 23, 2020 - 9:15pm

This is intended to be a qualified notice by SandRidge Mississippian Trust I to nominees and brokers as provided for under Treasury Regulation Section 1.1446-4(b), and while specific relief is not specified for Section 1441 income, this disclosure is intended to suffice.

Key Points: 
  • This is intended to be a qualified notice by SandRidge Mississippian Trust I to nominees and brokers as provided for under Treasury Regulation Section 1.1446-4(b), and while specific relief is not specified for Section 1441 income, this disclosure is intended to suffice.
  • Nominees and brokers should withhold at the highest marginal rate on the distribution made to foreign partners.
  • The anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from SandRidge Energy, Inc. (SandRidge) with respect to the relevant period.
  • Neither SandRidge nor the Trustee intends, and neither assumes any obligation, to update any of the statements included in this press release.

SandRidge Energy, Inc. Announces 2019 Second Quarter Financial and Operational Results Release Date and Conference Call Information

Thursday, August 1, 2019 - 9:30pm

OKLAHOMA CITY, Aug. 1, 2019 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) will release its 2019 second quarter financial and operational results after the close of trading on the New York Stock Exchange on Wednesday, August 7, 2019.

Key Points: 
  • OKLAHOMA CITY, Aug. 1, 2019 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) will release its 2019 second quarter financial and operational results after the close of trading on the New York Stock Exchange on Wednesday, August 7, 2019.
  • The company will host a conference call to discuss these results on Thursday, August 8, 2019 at 8:00am CT.
  • The telephone number to access the conference call from within the U.S. is (833) 245-9650 and from outside the U.S. is (647) 689-4222.
  • An audio replay of the call will be available from August 8, 2019 until 11:59pm CT on August 22, 2019.

OSIsoft Announces Energy Industry Veteran Michael Siemer To Become Company President

Wednesday, July 24, 2019 - 1:00pm

SAN LEANDRO, Calif., July 24, 2019 /PRNewswire-PRWeb/ -- OSIsoft LLC , a leader in data technology for critical operations, is pleased to announce that Michael Siemer will join OSIsoft as President while Wolfgang Kuchen comes to OSIsoft as Senior Vice President of Sales and Marketing.

Key Points: 
  • SAN LEANDRO, Calif., July 24, 2019 /PRNewswire-PRWeb/ -- OSIsoft LLC , a leader in data technology for critical operations, is pleased to announce that Michael Siemer will join OSIsoft as President while Wolfgang Kuchen comes to OSIsoft as Senior Vice President of Sales and Marketing.
  • Siemer, an energy industry veteran with extensive experience in leveraging software technologies to transform complex industrial operations, comes to OSIsoft from Devon Energy Corporation, a North American oil exploration and production company, where he served as Vice President of Engineering, Exploration and Production, Data and Analytics.
  • Prior to Devon, Siemer worked at SandRidge Energy, a startup E&P energy company, and prior to SandRidge he was employed for 18 years with 3M/Imation.
  • Most recently, he served as President of Allergy Research Group (ARG), a Kikkoman portfolio company in the healthcare professional market.

SandRidge Energy, Inc. Reports Financial and Operational Results for First Quarter 2019

Wednesday, May 8, 2019 - 9:15pm

OKLAHOMA CITY, May 8, 2019 /PRNewswire/ --SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE:SD) today announced financial and operational results for the quarter ended March 31, 2019.

Key Points: 
  • OKLAHOMA CITY, May 8, 2019 /PRNewswire/ --SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE:SD) today announced financial and operational results for the quarter ended March 31, 2019.
  • "Operationally speaking, we are pleased with the results from our drilling programs in both North Park and the Mid-Continent areas.
  • The Company brought eight wells to sales late in the quarter that will significantly increase second quarter oil production.
  • The Company will host a conference call to discuss these results on Thursday, May 9, 2019 at 8:00 am CT.

SandRidge Energy, Inc. Announces 2019 First Quarter Financial and Operational Results Release Date and Conference Call Information

Wednesday, May 1, 2019 - 9:15pm

OKLAHOMA CITY, May 1, 2019 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) will release its 2019 first quarter financial and operational results after the close of trading on the New York Stock Exchange on Wednesday, May 8, 2019.

Key Points: 
  • OKLAHOMA CITY, May 1, 2019 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) will release its 2019 first quarter financial and operational results after the close of trading on the New York Stock Exchange on Wednesday, May 8, 2019.
  • The company will host a conference call to discuss these results on Thursday, May 9, 2019 at 8:00am CT.
  • The telephone number to access the conference call from within the U.S. is (833) 245-9650 and from outside the U.S. is (647) 689-4222.
  • An audio replay of the call will be available from May 9, 2019 until 11:59pm CT on June 9, 2019.