OKLAHOMA CITY, June 25 /PRNewswire/ -- SandRidge Energy, Inc.
("SandRidge") announced that it has filed a registration statement with the
U.S. Securities and Exchange Commission for an initial public offering of
its common shares.
SandRidge is an independent natural gas and oil company concentrating
in exploration, development and production activities. SandRidge also owns
and operates drilling rigs and a related oil field services business
operating under the Lariat Services Inc. brand name; gas gathering,
marketing and processing facilities; and, through its subsidiary
PetroSource Energy Company, CO2 treating and transportation facilities and
tertiary oil recovery operations.
Lehman Brothers Inc., Goldman, Sachs & Co. and Banc of America
Securities LLC will act as joint book-running managers and representatives
of the underwriters. A written prospectus meeting the requirements of
Section 10 of the Securities Act of 1933, when available, may be obtained
from (i) Lehman Brothers Inc., c/o Broadridge Prospectus Fulfillment, 1155
Long Island Avenue, Edgewood, NY 11717, via fax at 631-254-7268 or via
email at Qiana.Smith@Broadridge.com; (ii) Goldman, Sachs & Co., Attn:
Prospectus Department, 85 Broad Street, New York, NY 10004, via fax at
212-902-9316 or via e-mail at prospectus-ny@ny.email.gs.com; or (iii) Banc
of America Securities LLC, Prospectus Department, 100 West 33rd Street, 3rd
Floor, New York, NY 10001, via phone at 800-294-1322 or via email at
dg.prospectus_distribution@bofasecurities.com.
A registration statement relating to these securities has been filed
with the Securities and Exchange Commission but has not yet become
effective. The securities may not be sold, nor may offers to buy be
accepted, prior to the time the registration statement becomes effective.
This news release does not constitute an offer to sell or the solicitation
of an offer to buy any securities issuable pursuant to the registration
statement, nor will there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of any
such state or jurisdiction.
The statements in this press release that are not historical facts may
be forward-looking statements. These forward-looking statements involve
risks and uncertainties that could cause the outcome to be materially
different.
For further information, please contact:
Dirk M. Van Doren
Chief Financial Officer
SandRidge Energy, Inc.
(405) 753-5520
or
V. Bruce Thompson
General Counsel
SandRidge Energy, Inc.
(405) 753-5603
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SOURCE SandRidge Energy, Inc.
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Related links:
http://www.sandridgeenergy.com
CONTACT:
Dirk M. Van Doren, Chief Financial Officer,
+1-405-753-5520, or V. Bruce Thompson, General Counsel,
+1-405-753-5603, both of SandRidge Energy, Inc.
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