Replies to post #8004 on SandRidge Energy, Inc. (fka SDOCQ)

[Smilin_B]

As of Q4 2015

Why would I post OLD information?

All totaled, the company has over $850,000,000 in CASH on hand.

Earnings are soon to arrive, and we will have a better assessment of the remaining cash on hand.

Considering that they drew down on their $500,000,000 credit line, they should have absolutely no problem in paying the $21.7M in interest payments that were due on Feb 16, 2016 but which SandRidge elected (as is their right to do so), to extend the payment's due date by 30 days.

So the $21.7M is due by THIS Thursday.

Roll the dice....

I am