SandRidge Energy Inc. - 2012-08-07

SandRidge Energy announced the pricing of its private placement of an aggregate of $1.1 billion of Senior Notes, comprised of $825 million of 7.5% Senior Notes due 2023 and $275 million of 7.5% Senior Notes Due 2021. Net proceeds from the offering will be used to fund the Company's pending tender offer for up to $350 million in aggregate principal amount of its Senior Floating Rate Notes due 2014, including payment of the accrued, unpaid interest on such notes in connection with the tender offer.