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SandRidge Energy Announces Exchange Offers For Its 8 1/8% Senior Notes Due 2022, Its 7.5% Senior Notes Due 2021 And Its 7.5% Senior Notes Due 2023

Each exchange offer will expire at 5:00 p.m., Eastern time, on November 8, 2012, unless extended by SandRidge. Tenders of Old Notes must be made before the applicable exchange offer expires and may be withdrawn at any time before expiration of the applicable exchange offer.

Completion of the exchange offer for the New 2022 Notes is subject to certain conditions described in the prospectus dated October 11, 2012, including the continued effectiveness of the Registration Statement on Form S-4 (File No. 333-184171) relating to the exchange offer, which has been declared effective by the Securities and Exchange Commission. Completion of the exchange offers for the New 2021 Notes and the New 2023 Notes is subject to certain conditions described in the prospectus dated October 11, 2012, including the continued effectiveness of the Registration Statement on Form S-4 (File No. 333-184172) relating to such exchange offers, which has been declared effective by the Securities and Exchange Commission.

SandRidge Energy has retained Wells Fargo Bank, National Association, to act as exchange agent for each exchange offer. Requests for copies of the applicable prospectus and related letter of transmittal, as well as any questions concerning the exchange offers, should be directed to Wells Fargo Bank, NA, Corporate Trust Operations, MAC N9303-121, Sixth & Marquette Avenue, Minneapolis, MN 55479, attn: Corporate Trust Operations, telephone 800-344-5128, facsimile 612-667-6282.

This press release is neither an offer to sell nor a solicitation of an offer to buy securities and no recommendation is made as to whether or not holders of Old Notes should exchange them. Each exchange offer is made only by the applicable prospectus and related letter of transmittal, copies of which are being provided to the holders of the applicable series of Old Notes.

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