---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-047961"
form_type: "8-K/A"
ticker: "SD"
cik: "0001349436"
company_name: "SANDRIDGE ENERGY INC"
filed_at: "2024-11-14T23:59:59+00:00"
generated_at: "2026-05-30T00:20:27.876615+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SandRidge closes $123.8M cash acquisition of Upland Exploration assets; provides historical financials

## Summary
- Acquired oil & gas assets in Cherokee Play, Western Anadarko Basin for $123.8M cash on Aug 30, 2024.
- Acquired assets: $32.0M revenue, $4.7M direct op expenses (6M ended Jun 30, 2024); $38.7M revenue, $7.1M direct op expenses (FY2023).
- Pro forma combined net income $64.8M for 9M ended Sep 30, 2024 vs SandRidge historical $45.4M; pro forma diluted EPS $1.74 vs $1.22.
- Proved reserves as of Dec 31, 2023: 2,013 MBbl oil, 2,808 MBbl NGL, 14,342 MMcf gas (7,211 MBoe total).
- Acquisition funded with cash on hand; no new debt issued.

## SEC filing metadata
- accession: 0001628280-24-047961
- form_type: 8-K/A
- ticker: SD
- cik: 0001349436
- company_name: SANDRIDGE ENERGY INC
- filed_at: 2024-11-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1349436/000162828024047961/0001628280-24-047961-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1349436/000162828024047961/sd-20240830.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-047961
- JSON: https://secwatch.observer/filing/0001628280-24-047961.json
- Plain text: https://secwatch.observer/filing/0001628280-24-047961.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.