- SandRidge Energy
Infobox_Company
company_name = SandRidge Energy
company_
company_type = Public
company_slogan =
foundation = 1984
location =Oklahoma City, Oklahoma ,USA
key_people =Tom L. Ward , CEO
num_employees = 2,205
industry =Petroleum
products =Natural Gas
revenue = profit$586.84M million USD (09/06-09/07)
homepage = [http://www.sandridgeenergy.com/ SandRidgeEnergy.com]SandRidge Energy (nyse|SD) is an
oil andnatural gas exploration company headquartered in Oklahoma City,Oklahoma .SandRidge was founded in 1984. [http://www.marketwatch.com/tools/quotes/profile.asp?symb=SD] The company concentrates its exploration efforts in
West Texas . [http://www.sandridgeenergy.com/AboutSandRidge/tabid/56/Default.aspx] The company owns and operates drilling rigs under the brand name Lariat Services, Inc. [http://www.lariatservices.com/] SandRidge processes gas through its wholly-owned subsidiary, the PetroSource Energy Company. [http://www.petrosourceenergy.com/index.html] Roc Gas Company is also a wholly-owned subsidiary of SandRidge.The company's capital expenditure budget for the year 2008 is at $1.25 billion US. [http://www.thestreet.com/_yahoo/newsanalysis/winners/10399126.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA] The company made its
initial public offering onNovember 5 ,2007 , offering over 28 million common stocks at roughly $26.00 US a share. [http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/11-05-2007/0004698114&EDATE=] SandRidge is traded on theNew York Stock Exchange under the symbol "SD".The
chief executive officer andchairman of SandRidge isTom L. Ward , who is listed by "Forbes Magazine " as one of the400 Richest Americans . [http://www.forbes.com/lists/2006/54/biz_06rich400_Tom-L-Ward_SDZK.html] Ward previously co-foundedChesapeake Energy and was thechief operating officer of that company from 1989 until 1996. Ward is also a minority owner of the Seattle Supersonics NBA franchise. Ward joined the company in June 2006 when he purchased a significant interest in the company, becoming the CEO and chairman. [http://www.marketwatch.com/news/story/story.aspx?guid={D0D81178-1130-45B9-9998-9DB6811E6704}]Headquarters
The company is currently retrofitting the former Kerr-McGee Tower in downtown Oklahoma City and will occupy the skyscraper's 30 floors. It has not been announced what the company will do with the remaining buildings of the Kerr McGee campus.
External links
* [http://www.sandridgeenergy.com/ Official Site]
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