Sandridge Energy Inc (SD): http://www.marketwatch.com/story/sandrid...

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Tuesday, 10/20/2015 10:14:17 AM

Tuesday, October 20, 2015 10:14:17 AM

http://www.marketwatch.com/story/sandridge-energy-inc-announces-affirmed-500-million-borrowing-base-and-amendment-of-senior-credit-facility-2015-10-19

SandRidge Energy, Inc. Announces Affirmed $500 Million Borrowing Base and Amendment of Senior Credit Facility
Published: Oct 19, 2015 7:30 a.m. ET

OKLAHOMA CITY, Oct. 19, 2015 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company") SD, +4.91% today announced that, in connection with a regularly scheduled redetermination, its lenders have affirmed the $500 million borrowing base under its senior secured credit facility. In addition, the credit agreement was amended to increase from $200 million to $275 million a basket available to the Company for the cash repurchase of senior unsecured notes.

About SandRidge Energy, Inc.

SandRidge Energy, Inc. SD, +4.91% is an oil and natural gas exploration and production company headquartered in Oklahoma City, Oklahoma with its principal focus on developing high-return, growth-oriented projects in the Mid-Continent region of the United States. In addition, SandRidge owns and operates a saltwater gathering and disposal system and a drilling rig and related oil field services business.