TPG-Axon, beneficial owner of 6.7% of the outstanding shares of SandRidge Energy, Inc. (NYSE: SD) (the “Company”), today posted a presentation, entitled Creating Value at SandRidge Energy, to www.Shareholdersforsandridge.com that outlines, among other items, the following:
- The current management team’s record of massive value destruction;
- TPG-Axon’s belief in the underlying value of the Company;
- What TPG-Axon believes must be done to unlock that value; and
- TPG-Axon’s point-by-point response to SandRidge’s defensive and misleading claims.