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SandRidge Mississippian Trust I Announces Distribution Of $0.683076 Per Unit

During the three-month production period ended August 31, 2012, an average of five drilling rigs were utilized to drill development wells for the Trust. Currently, three rigs are drilling Trust development wells, and the present plan is to average three rigs during the three-month production period ending November 30, 2012. To date, equivalent development wells producing, or drilled and perforated for completion, during production periods upon which distributions are based are as follows:

As of  

Equivalent Producing Development Wells

 

Additional Drilled Development Wells*

 

Total Development Wells

5/31/2011 16.4 3.3 19.7
8/31/2011 36.5 1.2 37.7
11/30/2011 48.5 0.4 48.9
2/29/2012 60.6 1.1 61.7
5/31/2012 72.5 0.7 73.2
8/31/2012 88.7 0.0 88.7

*Equivalent development wells that are not producing at the ‘As of’ date but have been drilled and perforated for completion.

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