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SD > SEC Filings for SD > Form 8-K on 6-Nov-2008All Recent SEC Filings

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Form 8-K for SANDRIDGE ENERGY INC


6-Nov-2008

Other Events


Item 8.01 Other Events.
SandRidge Energy, Inc. (the "Company") previously entered into an Indenture dated as of May 1, 2008 between the Company, the Guarantors signatories thereto and Wells Fargo Bank, National Association, as trustee, under which the Company issued $650 million of 8.625% Senior Notes due 2015 (the "Fixed Rate Notes") and $350 million of Senior Floating Rate Notes due 2014 (the "Floating Rate Notes"). Certain of the directly or indirectly wholly-owned subsidiaries (the "Guarantor Subsidiaries") of the Company have guaranteed fully and unconditionally, on a joint and several basis, the obligations of the Company to pay principal and interest under the Fixed Rate Notes and the Floating Rate Notes.
Pursuant to Rule 3-10 of Regulation S-X the Company must disclose certain financial information regarding the Guarantor Subsidiaries in connection with the registration of the Fixed Rate Notes and the Floating Rate Notes. This Current Report on Form 8-K is being filed by the Company, in accordance with Rule 3-10 of Regulation S-X, to add Note 24, Condensed Consolidating Financial Information, to the Notes to Consolidated Financial Statements for the year ended December 31, 2007. In accordance with SEC requirements, the Company is filing on this Form 8-K all of Item 8 to the Company's Form 10-K for the year ended December 31, 2007.
This information reflects financial information related to the Guarantor Subsidiaries, as described above, as guarantors of the Fixed Rate Notes and the Floating Rate Notes. Item 8 of the Company's Annual Report on Form 10-K for the year ended December 31, 2007 is being updated in its entirety to reflect this information and is attached as Exhibit 99.1 hereto and is incorporated by reference herein.
This Current Report on Form 8-K should be read in conjunction with the Company's Annual Report on Form 10-K for the year ended December 31, 2007, as well as the Company's other filings with the Securities and Exchange Commission (the "SEC"), including the Company's quarterly report on Form 10-Q being filed today.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
23.1 Consent of PricewaterhouseCoopers LLP

99.1 Item 8, Annual Report on Form 10-K for the year ended December 31, 2007
- Financial Statements and Supplementary Data


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