SandRidge Energy Inc. announced on July 13 the resignation of President and CEO Carl Giesler Jr. “in order to pursue another career opportunity,” a release from the Oklahoma City-based independent E&P company said.

In the release, SandRidge Chairman Jonathan Frates thanked Giesler for his leadership since joining the company in April 2020. He had previously served as CEO of Jones Energy Inc., where he spearheaded its cost and operational turnaround that led to its $201.5 million all-cash buyout.

At the helm of SandRidge, Giesler “guided SandRidge through a difficult period to reposition the company and to right-size its cost structure,” Frates said in a statement.

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