OKLAHOMA CITY, March 10, 2014 /PRNewswire/ -- SandRidge
Energy, Inc. (NYSE: SD) today announced that its Board of Directors
has declared a $3.50 per share
semi-annual dividend on its shares of 7.0% Convertible Perpetual
Preferred Stock that will be paid in cash on May 15, 2014 to holders of record on May 1, 2014. The company has 3,000,000 shares of
7.0% 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 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 region
of the United States. SandRidge's
internet address is www.sandridgeenergy.com.
CONTACT:
Duane M.
Grubert
EVP – Investor Relations and Strategy
SandRidge Energy, Inc.
123 Robert S. Kerr Avenue
Oklahoma City, OK 73102
+1 (405) 429-5515
Logo -
http://photos.prnewswire.com/prnh/20120416/DA88110LOGO
SOURCE SandRidge Energy, Inc.