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SandRidge Energy, Inc. to Acquire Dynamic Offshore Resources, LLC for Consideration of $1.275 Billion
SandRidge Energy, Inc. (NYSE: SD) has entered into an agreement to acquire Dynamic Offshore Resources, LLC for aggregate consideration of $1.275 billion consisting of approximately $680 million in cash and approximately 74 million shares of SandRidge common stock valued at $8.02 per share. These oil rich assets will add reserves, production and cash flow at an attractive valuation that is consistent with the achievement of SandRidge's three year plan to triple EBITDA and double oil production while lowering its debt to EBITDA ratio. Dynamic Offshore Resources operates primarily in water depths of less than 300 feet and their current production is approximately 25 Mboed. Dynamic's year-end 2011 proved reserves are 62.5 MMboe and are valued at approximately $1.9 billion using SEC net present value discounted at 10 percent (PV-10). Of these reserves, 80% of the value and the quantity are proved developed. Approximately 50% of Dynamic's current production and proved reserves consists of oil. The acquisition will be accretive to SandRidge's earnings and cash flow per share as well as improve its leverage metrics.

SandRidge Energy, Inc. Announces Closing of $1 Billion Mississippian Joint Venture
SandRidge Energy, Inc. (NYSE: SD) today announced the closing of its previously announced joint venture transaction with a subsidiary of Repsol YPF, S.A., a leading international energy company based in Madrid, Spain.

SandRidge Energy, Inc. Announces $1 Billion Mississippian Joint Venture
SandRidge Energy, Inc. ("SandRidge") (NYSE: SD) announced today that it has entered into a Joint Venture ("JV") with a subsidiary of Repsol YPF, S.A., a leading international energy company based in Madrid, Spain. Under the agreement, SandRidge will sell an approximate 25% non-operated working interest, or 250,000 net acres, in the Extension Mississippian play located in Western Kansas and an approximate 16% non-operated working interest, or 113,636 net acres, in its Original Mississippian play.

SandRidge Energy, Inc. Announces Closing of $500 Million Horizontal Mississippian Joint Venture
SandRidge Energy, Inc. ("SandRidge") (NYSE: SD) announced today that it has completed its previously announced joint venture transaction with an affiliate of Atinum Partners Co., Ltd. ("Atinum"), a leading investment firm located in the Republic of Korea.

SandRidge Energy, Inc. Signs Agreement to Sell Certain East Texas Properties for $231 Million and Announces Revised Production G
SandRidge Energy, Inc. (NYSE: SD) today announced that it has signed a Purchase and Sales Agreement ("PSA") with NFR Energy LLC whereby SandRidge would sell its East Texas natural gas properties in Gregg, Harrison, Rusk and Panola counties for $231 million. The sold properties include approximately 25,000 net acres with average 2011 production of approximately 25 MMcfed. SandRidge intends to use the cash proceeds to fund a portion of its oil focused drilling program. SandRidge expects the transaction, which is subject to customary closing conditions, to close in November.

SandRidge Energy, Inc. Announces Closing of Wolfberry Asset Sale for $155 Million
SandRidge Energy, Inc. (NYSE: SD) ("SandRidge") today announced that it has closed the sale of its Wolfberry assets in the Permian Basin to a private party for cash proceeds of $155 million. The divested properties are producing approximately 1,600 Boe/d and had estimated proved reserves of 2.37 MMBoe at December 31, 2009. The proceeds will be used to pay down outstanding borrowings under the company's credit facility.