OKLAHOMA CITY, Aug. 20, 2014 /PRNewswire/ -- SandRidge Energy,
Inc. (NYSE: SD) ("SandRidge" or the "Company") today announces
changes in leadership within its executive management team:
- David C. Lawler, Executive Vice
President and Chief Operating Officer, has resigned to take the
position of Chief Executive Officer at a Houston, Texas based energy company. Mr.
Lawler will remain engaged in his current role through September 3rd to
ensure a smooth transition.
- Craig A. Johnson, Senior Vice
President of Development for Oklahoma, has been promoted to Executive Vice
President of Operations.
- The Company has initiated a search for a new Chief Operating
Officer.
Craig A. Johnson, 47, has been
promoted to Executive Vice President of Operations. Mr. Johnson
joined the company in July 2007 as
Vice President of Operations and has served as a Senior Vice
President in operational roles since June
2011. Prior to joining SandRidge, Mr. Johnson was Operations
Manager for the Eastern Division of Samson Resources, having also
served in various engineering and asset management positions in the
Gulf Coast, Mid-Continent and Southeastern regions. Mr. Johnson
graduated from Texas A&M University
with a Bachelor of Science in Petroleum Engineering.
James D. Bennett, President and
Chief Executive Officer, commented, "Craig
Johnson exemplifies the SandRidge culture of innovation,
execution and investing in the success of our employees.
Because of this, we have full confidence our operations teams will
continue to successfully execute our capital programs, while
improving our techniques and increasing our efficiencies. Craig
will help guide our teams in these key areas and I look forward to
working closely with him as he takes on additional
responsibilities."
Mr. Bennett also added, "Dave
Lawler has done a remarkable job of leading our operations
teams, which over the past several years have implemented
innovative development techniques to achieve record setting capital
efficiencies. We wish Dave all the best in his future
endeavors."
Mr. Lawler stated, "SandRidge is a special company that has
assembled an outstanding group of talented and dedicated employees.
The decision to leave was difficult, but I am confident that
SandRidge is on the right path and has the asset base and team
needed to continue delivering exceptional results. I am extremely
proud of what we have accomplished, and thankful for the
opportunity to be a part of a great management team."
About SandRidge Energy
SandRidge Energy, Inc. (NYSE: SD) 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, saltwater disposal and
electrical infrastructure 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.
For further information, please contact:
Duane M. Grubert
EVP – Investor Relations and Strategy
SandRidge Energy, Inc.
123 Robert S. Kerr Avenue
Oklahoma City, OK 73102-6406
(405) 429-5515
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SOURCE SandRidge Energy, Inc.