FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
Expires: November 30, 2011
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SANDRIDGE ENERGY INC

2. Date of Event Requiring Statement (MM/DD/YYYY)
8/10/2011 

3. Issuer Name and Ticker or Trading Symbol

SandRidge Permian Trust [PER]

(Last)        (First)        (Middle)

123 ROBERT S. KERR AVENUE

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            ___ X ___ 10% Owner
_____ Officer (give title below)          _____ Other (specify below)

(Street)

OKLAHOMA CITY, OK 73102-6406       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Units representing Beneficial Interests   0   I   By: SandRidge Exploration and Production, LLC  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Subordinated Units representing Beneficial Interests     (1)   (1) Common Units representing Beneficial Interests   0     (1) I   By: SandRidge Exploration and Production, LLC  

Explanation of Responses:
( 1)  The Subordinated Units listed in Table II will automatically convert into Common Units on a one-for-one basis at the end of the fourth full calendar quarter following the satisfaction by SandRidge Energy, Inc. ("SandRidge") of its drilling obligation with respect to the Development Wells set forth in that certain Development Agreement to be entered into by and among SandRidge, SandRidge Exploration and Production, LLC and the Issuer, which drilling obligation must be satisfied no later than March 16, 2016.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
SANDRIDGE ENERGY INC
123 ROBERT S. KERR AVENUE
OKLAHOMA CITY, OK 73102-6406

X


Signatures
SandRidge Energy, Inc. By /s/ Philip T. Warman, Senior Vice President and General Counsel 8/10/2011
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
SandRidge Permian (NYSE:PER)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more SandRidge Permian Charts.
SandRidge Permian (NYSE:PER)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more SandRidge Permian Charts.