he Mid-Continent Express Pipeline through March 2014, which then changes to 50,000 MMBtu per day on Mid-Continent Express Pipeline through March 2019. Mid-Continent The ompany has constructed an electrical transmission system in the Mid-Continent area to coordinate the delivery of electricity to the company’s operations in the area. West Texas Gas Treating Plants The company owns the Pike’s Peak gas treating plant and the Grey Ranch gas treating plant, both located in Pecos County, Texas; and has a 50% interest in the partnership that leases the Grey Ranch plant from the company under a lease expiring in 2020. The company is party to a gas gathering agreement and an operations and maintenance agreement with Piñon Gathering Company, LLC (PGC) related to the company’s properties located in the Piñon Field in west Texas. Under the gas gathering agreement, the company has dedicated the Piñon Field acreage for priority gathering services for a period of 20 years. Dispositions In 2013, the company sold its oil and natural gas properties in the Permian Basin area of west Texas, excluding the assets associated with the SandRidge Permian Trust area of mutual interest. In February 2014, the company sold certain of its subsidiaries that own the company’s Gulf of Mexico and Gulf Coast oil and natural gas properties. Business Strategy The company’s business strategy includes concentrating in core operating areas; developing key infrastructure systems; focusing on reservoirs with known hydrocarbon production; maintaining flexibility; mitigating commodity price risk; pursuing opportunistic acquisitions; and asset monetization. Environmental Regulations The company generates wastes that are subject to the requirements of the Resource Conservation and Recovery Act, as amended and comparable state statutes. The company’s operations are subject to various federal and state laws and regulations, including the federal Occupational Safety and Health Act, as amended, and comparable state statutes, whose purpose is to protect the health and safety of workers.
sandridge energy inc (SD:New York)
123 Robert S. Kerr Avenue
Oklahoma City, OK 73102
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