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SandRidge Energy Inc
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May 2012 Investor Presentation
| Kevin R. White | Page 6 of 11 |
November 23, 2024
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"May 2012 Investor Presentation"
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6 Accumulated 2.2 Million acres over last two years Five Monetizations $2.48 Billion SD Mississippian Trust I ($334 MM) Atinum JV ($500 MM) Repsol JV ($1.0 B) SDT Unit Sale ($52 MM) SD Mississippian Trust II ($590 MM) Current Value Potential future sale of 250k net acres Value Creation from Mississippian Play Accumulation Acres Million Lease Costs $470 Million Per Acre Cost acre Monetization Acres Value Creation $2.48 Billion Implied Value acre Current Value Current Acres Implied Acreage Value $4,600 / acre Resource NAV Implied Value Mississippian Accomplishments