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Ward's Wisdom: SandRidge CEO Deftly Transforms Asset Portfolio

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Leslie Haines
July 10, 2012

On April 17, onshore-focused SandRidge Energy Inc. completed two transactions that further transform the Oklahoma City E&P company. First, it closed its somewhat surprising, $1.275-billion acquisition of privately held Dynamic Offshore Resources LLC, gaining its first assets on the Gulf of Mexico shelf. And, it took public its third yield instrument, SandRidge Mississippian Trust II (NYSE: SDR), for net proceeds of $638 million.

When asked how he juggles two significant closes on top of one another, chairman and chief executive officer Tom L. Ward says matter-of-factly, "It's just what I ...


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