Archive for the ‘SandRidge Energy Inc’ Category

Paul D. McKinney will succeed William M. Griffin as president and chief executive officer of SandRidge Energy Inc., Oklahoma City, effective Jan. 29.

SandRidge Energy recently closed two transactions that it said would “improve operating efficiency” of the company. In the Central Basin Platform region of the Permian basin, it sold essentially all of its oil and gas properties together with 13.125 mi…

Bonanza Creek Energy Inc., Denver, has agreed to and has simultaneously closed on the sale of its operations in the US Midcontinent for $117 million in cash. The buyer was undisclosed.

SandRidge Energy Inc. will evaluate strategic alternatives after rejecting Midstates Petroleum Co. Inc.’s unsolicited public offer to combine the two companies. 

Julian Bott will join Southwestern Energy Co. as executive vice-president and will become chief financial officer on Mar. 5. He previously served as chief financial officer of SandRidge Energy Inc. 

Citing a “new strategic direction” following discussions with large shareholders, SandRidge Energy Inc. said company Pres. and Chief Executive Officer James Bennett and Chief Financial Officer Julian Bott have left the company. 

Midstates Petroleum Co. Inc. has proposed to combine with SandRidge Energy Inc. in an all-stock merger to create a Mississippian Lime play-focused company with a 456,000-net acre operating footprint in the play with a 75,000-net acre position in the NW…

SandRidge Energy Inc., Oklahoma City, has canceled its agreement to acquire Bonanza Creek Energy Inc., Denver. The cash-and-stock deal had an implied value of $746 million.

SandRidge Energy Inc., Oklahoma City, will deepen its inventory of drilling locations in the Denver-Julesburg basin of Colorado under a definitive merger agreement it has entered with Bonanza Creek Energy Inc., Denver. 

Sandridge Energy Inc., Oklahoma City, agreed to reduce the volume of wastewaste going into disposal wells in the Medford and Cherokee-Byron areas. After negotiating with the Oklahoma Corporation Commission (OCC), Sandridge agreed to convert some dispos…