Volumes, price and distributable income available to unitholders for the period were (dollars in thousands, except per unit):
|Oil (MBbl) (1)||453|
|Oil (per Bbl) (1)||$||89.14|
|Gas (per Mcf)||$||3.44|
|Average Price - including impact of derivative settlements|
|Oil (per Bbl)(1)||$||91.70|
|Distributable income available to unitholders||$||37,944|
|Distributable income per unit (52,500,000 units issued and outstanding)||$||0.722746|
|(1||)||Includes natural gas liquids.|
SandRidge Energy, Inc., the sponsor of SandRidge Permian Trust announced that it will host a conference call on November 11, 2011 at 9:00 am CST. The telephone number to access the conference call from within the U.S. is 866-362-4831 and from outside the U.S. is 617-597-5347. The participant code for the call is 35115230. The call may also be accessed via the Internet at http://www.media-server.com/m/p/sy4476in. An audio replay of the call will be available from November 11, 2011 until 11:59 p.m. EST on November 18, 2011. The number to access the conference call replay from within the U.S. is 888-286-8010 and from outside the U.S. is +1-617-801-6888. The participant code for the replay is 56766876.
This press release contains statements that are "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release, other than statements of historical facts, are "forward-looking statements" for purposes of these provisions. These forward-looking statements include the amount and date of any anticipated distribution to unit holders. The anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from SandRidge with respect to the relevant period. Any differences in actual cash receipts by the Trust could affect this distributable amount. Other important factors that could cause actual results to differ materially include expenses of the Trust and reserves for anticipated future expenses. Statements made in this press release are qualified by the cautionary statements made in this press release. Neither SandRidge nor the Trustee intends, and neither assumes any obligation, to update any of the statements included in this press release. An investment in Common Units issued by SandRidge Permian Trust is subject to the risks described in the Trust's Quarterly Report on Form 10-Q for the quarter ended June 30, 2011, and all of its other filings with the SEC. The Trust's quarterly and other filed reports are or will be available over the Internet at the SEC's web site at
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