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Dec. 07, 2012 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) today announced that its Board of Directors has declared a
$3.00 per share semi-annual dividend on its shares of 6.0% Convertible Perpetual Preferred Stock that will be paid in cash on
January 15, 2013 to holders of record on
January 1, 2013. The Board of Directors also 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
February 15, 2013 to holders of record on
February 1, 2013.
The company has 2,000,000 shares of 6.0% Convertible Perpetual Preferred Stock outstanding and 2,650,000 shares of 8.5% Convertible Perpetual Preferred Stock outstanding.
About SandRidge Energy, Inc.
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 CO
2 treating and transportation facilities and conduct marketing 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 Mid-Continent, Permian Basin,
Gulf of Mexico, West Texas Overthrust and Gulf Coast. SandRidge's internet address is
Kevin R. WhiteSenior Vice PresidentSandRidge Energy, Inc.123 Robert S. Kerr Avenue
Oklahoma City, OK 73102+1 (405) 429-5515
SOURCE SandRidge Energy, Inc.