Sandridge Energy Inc 8-K, filed Feb 8, 2021
Sandridge Energy Inc (SD)
8-K
2021-02-08
For: 2021-02-08
View Original
Added on
April 12, 2026
About this 8-K
Sandridge Energy Inc filed this 8-K on February 8, 2021.
Items reported
- Item 2.01: Completed an acquisition or sale of assets
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K | ||||||||||||||
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 8, 2021 (February 5, 2021)
SANDRIDGE ENERGY, INC. | ||||||||||||||
(Exact name of registrant as specified in its charter) | ||||||||||||||
Delaware | 1-33784 | 20-8084793 | ||||||||||||
(State or Other Jurisdiction of Incorporation or Organization) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||||||||
1 E. Sheridan Ave, Suite 500 Oklahoma City, Oklahoma | 73104 | |||||||||||||
(Address of Principal Executive Offices) | (Zip Code) | |||||||||||||
Not Applicable.
(Former name or former address, if changed since last report)
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||||||||
| Common Stock, $0.001 par value | SD | New York Stock Exchange | ||||||||||||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||||
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||||
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||||
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | ||||
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant Section 13(a) of the Exchange Act. ☐
Item 2.01 Completion of Acquisition or Disposition of Assets.
On February 8, 2021, SandRidge Energy, Inc. (the “Company”) announced the closing of the previously announced divestiture of its North Park Basin assets in Colorado for $47 million in cash, subject to customary effective-date adjustments.
Item 8.01. Other Events.
On February 8, 2021, the Company issued a press release announcing the closing of the previously announced divestiture of its North Park Basin assets in Colorado. A copy of the press release is filed herewith as Exhibit 99.1 and is incorporated herein by reference in its entirety.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
| Exhibit No. | Description | ||||
| 99.1 | |||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
SANDRIDGE ENERGY, INC. | ||||||||||||||||||||
(Registrant) | ||||||||||||||||||||
Date: February 8, 2021 | By: | /s/ Salah Gamoudi | ||||||||||||||||||
| Salah Gamoudi | ||||||||||||||||||||
| Chief Financial Officer and Chief Accounting Officer | ||||||||||||||||||||
Exhibit 99.1
SandRidge Energy, Inc. Announces Closing of North Park Basin Asset Sale For $47 Million
OKLAHOMA CITY, Feb 8, 2021 /PRNewswire/ – SandRidge Energy, Inc. (the “Company” or “SandRidge”) (NYSE:SD) today announced the closing of the previously announced divestiture of its North Park Basin assets in Colorado for $47 million in cash, subject to customary effective-date adjustments.
About SandRidge Energy, Inc.
SandRidge Energy, Inc. (NYSE: SD) is an independent oil and gas company engaged in the development and acquisition of oil and gas properties. Its primary areas of operation are the Mid-Continent in Oklahoma and Kansas. Further information can be found at www.sandridgeenergy.com.
For further information, please contact:
Investor Relations
SandRidge Energy, Inc.
1 E. Sheridan Ave., Suite 500
Oklahoma City, OK 73104
(405) 429-5515