Table of Contents Table of Contents 2 List of Tables 5 List of Figures 6 Company Snapshot 8 Key Information 8 Company Overview 8 SandRidge Energy, Inc., Valuation and Financial Data 9 SandRidge Energy, Inc., Share Price Performance 9 Share Price Performance, Q4, 2014-Q4, 2015 9 SandRidge Energy, Inc., Key Valuation Metrics 10 Key Valuation Metrics, Q4, 2014-Q4, 2015 10 SandRidge Energy, Inc., Quarterly Results of Oil & Gas Operations Per boe Produced 11 Results of Oil & Gas Operations Per boe Produced, Q4, 2014-Q4, 2015 11 Results of Oil & Gas Operations Per boe Growth Rates, Q4, 2014-Q4, 2015 12 SandRidge Energy, Inc., Quarterly E&P Costs Trends 13 Upstream Capital Expenditure, Q4, 2014-Q4, 2015 13 SandRidge Energy, Inc., Quarterly Production Trends 14 SandRidge Energy, Inc., Total Oil and Gas Production 14 Total Crude Oil and Natural Gas Production Trend, Q4, 2014-Q4, 2015 14 Total Crude Oil & Natural Gas Production, By Country/Region, Q4, 2014-Q4, 2015 15 SandRidge Energy, Inc., Crude Oil Production 16 Total Crude Oil Production Trend, Q4, 2014-Q4, 2015 16 Crude Oil Production, By Country/Region, Q4, 2014-Q4, 2015 17 SandRidge Energy, Inc., Natural Gas Production 18 Total Natural Gas Production Trend, Q4, 2014-Q4, 2015 18 Natural Gas Production, By Country/Region, Q4, 2014-Q4, 2015 19 SandRidge Energy, Inc., Valuation and Financial Data, 2011-2015 20 SandRidge Energy, Inc., Share Price Performance, 2011-2015 20 Share Price Performance, 2011-2015 20 Key Valuation Metrics, 2011-2015 21 SandRidge Energy, Inc., Production and Reserves Trends 22 Total Oil and Gas, Reserves and Production 22 Total Crude Oil and Natural Gas Production and Reserves Trend, 2011-2015 22 Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2011-2015 24 Total Crude Oil and Natural Gas Reserve Changes, 2011-2015 26 Crude Oil/Liquids Production and Reserve 27 Crude Oil/Liquids Production and Reserve Trend, 2011-2015 27 Crude Oil Production and Reserves By Country/Region, 2011-2015 28 Crude Oil/Liquids Reserve Changes, 2011-2015 30 Natural Gas Production and Reserve 31 Natural Gas Production and Reserve Trend, 2011-2015 31 Natural Gas Production and Reserves, By Country/Region, 2011-2015 32 Natural Gas Reserve Changes, 2011-2015 34 Total Crude Oil and Natural Gas Reserves Life Index 35 Total Crude Oil and Natural Gas Reserves Life Index, 2011-2015 35 Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2011-2015 36 SandRidge Energy, Inc., E&P Costs Trends 38 Allocation of the Upstream Capital Expenditure 38 Upstream Capital Expenditure, 2011-2015 38 Acquisition Costs By Country/Region, 2011-2015 39 Exploration and Development Costs, By Country/Region, 2011-2015 41 Oil and Gas Cost Per boe, US$/boe 43 Oil and Gas Cost Per boe, US$/boe, 2011-2015 43 Oil and Gas Cost Per boe, US$/boe, By Country/Region, 2011-2015 45 SandRidge Energy, Inc., Reserve Replacement Ratio 47 Oil and Gas Production Replacement Ratio 47 Oil and Gas Production Replacement Ratio, 2011-2015 47 Oil and Gas Production Replacement Ratio, By Country/Region, 2011-2015 49 SandRidge Energy, Inc., Results of Oil & Gas Operations Trend 53 Oil and Gas Revenue and Expenses 53 Oil and Gas Revenue and Expenses, 2011-2015 53 Oil and Gas Revenue and Expenses, By Country/Region, 2011-2015 54 Oil and Gas Revenue and Expenses, Per boe 59 Oil and Gas Revenue and Expenses, By boe, 2011-2015 59 Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2011-2015 60 Oil and Gas Performance Metrics 64 SandRidge Energy, Inc., Land Holdings and Well Data 65 Developed and Undeveloped Acreage 65 Gross and Net Developed and Undeveloped Acreage, 2011-2015 65 Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2011-2015 66 Well Statistics 69 Producible Oil and Gas Well, 2011-2015 69 Producible Oil and Gas Well, By Country/Region, 2011-2015 70 Exploration and Development Wells Drilled, 2011-2015 74 Recent Developments 76 SandRidge Energy, Inc. - Recent Developments 76 Mar 03, 2016: Burns Charest: New Civil Antitrust Claims Filed Against Chesapeake, SandRidge Energy 76 Feb 03, 2016: SandRidge Energy Eliminates 172 Employees In Oklahoma, US 76 Jan 22, 2016: SandRidge Energy Announces Settlement And Termination Of Obligations Under Gas Treating And CO2 Delivery Agreement 76 Nov 04, 2015: SandRidge Energy Updates Shareholders On Operations And Reports Financial Results For Third Quarter And First Nine Months Of 2015 77 Oct 26, 2015: SandRidge Energy Provides Litigation Update 80 Oct 19, 2015: SandRidge Energy Announces Affirmed $500 Million Borrowing Base And Amendment Of Senior Credit Facility 80 Aug 05, 2015: SandRidge Energy Names New Chief Financial Officer 80 Aug 05, 2015: SandRidge Energy Updates Shareholders On Operations And Reports Financial Results For Second Quarter And First Six Months Of 2015 81 Jul 27, 2015: SandRidge Energy Announces Receipt Of Notice From NYSE Regarding Continued Listing Standards 83 Jul 16, 2015: SandRidge Energy Updates Shareholders On Operations And Reports Financial Results For Fourth Quarter And Fiscal Year 2015 84 Appendix 87 Methodology 87 Coverage 87 Secondary Research 87 Primary Research 87 Data Information Sources 88 Company Source 88 SEC/Other Regulatory Filings 88 Other Sources 88 Expert Panel Validation 88 Data Definition 88 Oil and Gas Reserves 88 Units of Measure 89 About GlobalData 89 Disclosure 89 Disclaimer 89

List of Tables Table 1: SandRidge Energy, Inc., Key Facts 8 Table 2: SandRidge Energy, Inc., Share Price Performance, Q4, 2014-Q4, 2015 9 Table 3: SandRidge Energy, Inc., Key Valuation Metrics, Q4, 2014-Q4, 2015 10 Table 4: SandRidge Energy, Inc., Results of Oil & Gas Operations Per boe Produced, US$/boe, Q4, 2014-Q4, 2015 11 Table 5: SandRidge Energy, Inc., Results of Oil & Gas Operations Per boe Growth Rates, %, Q4, 2014-Q4, 2015 12 Table 6: SandRidge Energy, Inc., Upstream Capital Expenditure, Q4, 2014-Q4, 2015 13 Table 7: SandRidge Energy, Inc., Total Crude Oil and Natural Gas, Production, Q4, 2014-Q4, 2015 14 Table 8: SandRidge Energy, Inc., Total Oil & Gas Production, By Country/Region, mmboe, Q4, 2014-Q4, 2015 15 Table 9: SandRidge Energy, Inc., Total Crude Oil Production, mmbbl, Q4, 2014-Q4, 2015 16 Table 10: SandRidge Energy, Inc., Crude Oil Production, By Country/Region, mmbbl, Q4, 2014-Q4, 2015 17 Table 11: SandRidge Energy, Inc., Total Natural Gas Production, bcf, Q4, 2014-Q4, 2015 18 Table 12: SandRidge Energy, Inc., Natural Gas Production, By Country/Region, bcf, Q4, 2014-Q4, 2015 19 Table 13: SandRidge Energy, Inc., Share Price Performance, 2011-2015 20 Table 14: SandRidge Energy, Inc., Key Valuation Metrics, 2011-2015 21 Table 15: SandRidge Energy, Inc., Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 23 Table 16: SandRidge Energy, Inc., Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2011-2015 25 Table 17: SandRidge Energy, Inc., Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2011-2015 26 Table 18: SandRidge Energy, Inc., Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 27 Table 19: SandRidge Energy, Inc., Crude Oil Production and Reserves, By Country/Region, mmbbl, 2011-2015 29 Table 20: SandRidge Energy, Inc., Crude Oil Reserve Changes, mmbbl, 2011-2015 30 Table 21: SandRidge Energy, Inc., Natural Gas Production and Reserves Metrics, bcf, 2011-2015 31 Table 22: SandRidge Energy, Inc., Natural Gas Production and Reserves, By Country/Region, bcf, 2011-2015 33 Table 23: SandRidge Energy, Inc., Natural Gas Reserve Changes, bcf, 2011-2015 34 Table 24: SandRidge Energy, Inc., Oil and Gas Reserves Life Index, Years, 2011-2015 35 Table 25: SandRidge Energy, Inc., Oil and Gas Reserves Life Index, By Country/Region, Years, 2011-2015 37 Table 26: SandRidge Energy, Inc., Upstream Capital Expenditure, US$ mil, 2011-2015 38 Table 27: SandRidge Energy, Inc., Proved and Unproved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 40 Table 28: SandRidge Energy, Inc., Exploration and Development Costs, By Country/Region, US$ mil, 2011-2015 42 Table 29: SandRidge Energy, Inc., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 43 Table 30: SandRidge Energy, Inc., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, By Country/Region, 2011-2015 46 Table 31: SandRidge Energy, Inc., Oil and Gas Production Replacement Ratio, %, 2011-2015 47 Table 32: SandRidge Energy, Inc., 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2011-2015 52 Table 33: SandRidge Energy, Inc., Revenue and Expenses, US$ mil, 2011-2015 53 Table 34: SandRidge Energy, Inc., Revenue and Expenses, By Country/Region, US$ mil, 2011-2015 58 Table 35: SandRidge Energy, Inc., Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 59 Table 36: SandRidge Energy, Inc., Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2011-2015 63 Table 37: SandRidge Energy, Inc., Oil and Gas Performance Metrics, 2011-2015 64 Table 38: SandRidge Energy, Inc., Land Holdings (Developed and Undeveloped Acreage), Acres, 2011-2015 65 Table 39: SandRidge Energy, Inc., Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2011-2015 68 Table 40: SandRidge Energy, Inc., Producible Oil and Gas Wells, 2011-2015 69 Table 41: SandRidge Energy, Inc., Producible Oil and Gas Wells, By Country/Region, 2011-2015 73 Table 42: SandRidge Energy, Inc., Exploratory and Developed Wells, 2011-2015 75 List of Figures Figure 1: SandRidge Energy, Inc., Share Price Performance, USD/Share, Q4, 2014-Q4, 2015 9 Figure 2: SandRidge Energy, Inc., Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q4, 2014-Q4, 2015 10 Figure 3: SandRidge Energy, Inc., Results of Oil & Gas Operations Per boe Produced, US$/boe, Q4, 2014-Q4, 2015 11 Figure 4: SandRidge Energy, Inc., Upstream Capital Expenditure, US$ mil, Q4, 2014-Q4, 2015 13 Figure 5: SandRidge Energy, Inc., Total Crude Oil and Natural Gas, Production, mmboe, Q4, 2014-Q4, 2015 14 Figure 6: SandRidge Energy, Inc., Total Oil & Gas Production, By Country/Region, mmboe, Q4, 2014-Q4, 2015 15 Figure 7: SandRidge Energy, Inc., Total Crude Oil Production, mmbbl, Q4, 2014-Q4, 2015 16 Figure 8: SandRidge Energy, Inc., Crude Oil Production, By Country/Region, mmbbl, Q4, 2014-Q4, 2015 17 Figure 9: SandRidge Energy, Inc., Total Natural Gas Production, bcf, Q4, 2014-Q4, 2015 18 Figure 10: SandRidge Energy, Inc., Natural Gas Production, By Country/Region, bcf, Q4, 2014-Q4, 2015 19 Figure 11: SandRidge Energy, Inc., Share Price Performance, USD/Share, 2011-2015 20 Figure 12: SandRidge Energy, Inc., Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2011-2015 21 Figure 13: SandRidge Energy, Inc., Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 22 Figure 14: SandRidge Energy, Inc., Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2011-2015 24 Figure 15: SandRidge Energy, Inc., Total Oil & Gas Production, By Country/Region, mmboe, 2011-2015 24 Figure 16: SandRidge Energy, Inc., Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2015 26 Figure 17: SandRidge Energy, Inc., Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 27 Figure 18: SandRidge Energy, Inc., Oil Reserves, End of Period, By Country/Region, mmbbl, 2011-2015 28 Figure 19: SandRidge Energy, Inc., Oil Production, By Country/Region, mmbbl, 2011-2015 28 Figure 20: SandRidge Energy, Inc., Crude Oil Reserve Changes, mmbbl, 2015 30 Figure 21: SandRidge Energy, Inc., Natural Gas Production and Reserves Metrics, bcf, 2011-2015 31 Figure 22: SandRidge Energy, Inc., Gas Reserves, End of Period, By Country/Region, bcf, 2011-2015 32 Figure 23: SandRidge Energy, Inc., Gas Production, By Country/Region, bcf, 2011-2015 32 Figure 24: SandRidge Energy, Inc., Natural Gas Reserve Changes, bcf, 2015 34 Figure 25: SandRidge Energy, Inc., Oil and Gas Reserves Life Index, Years, 2011-2015 35 Figure 26: SandRidge Energy, Inc., Gas Reserve Life Index, By Country/Region, Years, 2011-2015 36 Figure 27: SandRidge Energy, Inc., Oil & Gas Reserve Life Index, By Country/Region, Years, 2011-2015 36 Figure 28: SandRidge Energy, Inc., Oil Reserve Life Index, By Country/Region, Years, 2011-2015 37 Figure 29: SandRidge Energy, Inc., Upstream Capital Expenditure, US$ mil, 2011-2015 38 Figure 30: SandRidge Energy, Inc., Proved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 39 Figure 31: SandRidge Energy, Inc., Unproved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 39 Figure 32: SandRidge Energy, Inc., Development Costs, By Country/Region, US$ mil, 2011-2015 41 Figure 33: SandRidge Energy, Inc., Exploration Costs, By Country/Region, US$ mil, 2011-2015 41 Figure 34: SandRidge Energy, Inc., 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 43 Figure 35: SandRidge Energy, Inc., Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 45 Figure 36: SandRidge Energy, Inc., Oil & Gas Finding Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 45 Figure 37: SandRidge Energy, Inc., Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 46 Figure 38: SandRidge Energy, Inc., 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2011-2015 47 Figure 39: SandRidge Energy, Inc., 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2011-2015 49 Figure 40: SandRidge Energy, Inc., 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2011-2015 49 Figure 41: SandRidge Energy, Inc., 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2011-2015 50 Figure 42: SandRidge Energy, Inc., 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2011-2015 50 Figure 43: SandRidge Energy, Inc., 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2011-2015 51 Figure 44: SandRidge Energy, Inc., 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2011-2015 51 Figure 45: SandRidge Energy, Inc., Revenue and Expenses, US$ mil, 2011-2015 53 Figure 46: SandRidge Energy, Inc., Depreciation, Depletion and Amortization From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 54 Figure 47: SandRidge Energy, Inc., Income Tax Provision (Benefit) From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 54 Figure 48: SandRidge Energy, Inc., Net Income/ Loss From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 55 Figure 49: SandRidge Energy, Inc., Oil & Gas Revenue, By Country/Region, US$ mil, 2011-2015 55 Figure 50: SandRidge Energy, Inc., Profit (loss) Before Taxation From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 56 Figure 51: SandRidge Energy, Inc., Production Costs, By Country/Region, US$ mil, 2011-2015 56 Figure 52: SandRidge Energy, Inc., Total Expenses From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 57 Figure 53: SandRidge Energy, Inc., Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 59 Figure 54: SandRidge Energy, Inc., Income Tax/(Benefit) per boe, By Country/Region, US$/boe, 2011-2015 60 Figure 55: SandRidge Energy, Inc., Lifting Cost per boe, By Country/Region, US$/boe, 2011-2015 60 Figure 56: SandRidge Energy, Inc., Annual Net Income per boe, By Country/Region, US$/boe, 2011-2015 61 Figure 57: SandRidge Energy, Inc., Oil & Gas Revenue per boe, By Country/Region, US$/boe, 2011-2015 61 Figure 58: SandRidge Energy, Inc., Total DD&A per boe, By Country/Region, US$/boe, 2011-2015 62 Figure 59: SandRidge Energy, Inc., Total Revenue per boe, By Country/Region, US$/boe, 2011-2015 62 Figure 60: SandRidge Energy, Inc., Oil and Gas Performance Metrics, 2011-2015 64 Figure 61: SandRidge Energy, Inc., Land Holdings (Developed and Undeveloped Acreage), Acres, 2011-2015 65 Figure 62: SandRidge Energy, Inc., Total Gross Undeveloped Acreage, By Country/Region, Acres, 2011-2015 66 Figure 63: SandRidge Energy, Inc., Total Net Undeveloped Acreage, By Country/Region, Acres, 2011-2015 66 Figure 64: SandRidge Energy, Inc., Total Gross Developed Acreage, By Country/Region, Acres, 2011-2015 67 Figure 65: SandRidge Energy, Inc., Total Net Developed Acreage, By Country/Region, Acres, 2011-2015 67 Figure 66: SandRidge Energy, Inc., Producible Oil and Gas Wells, 2011-2015 69 Figure 67: SandRidge Energy, Inc., Gross Productive Gas Wells, By Country/Region, Number, 2011-2015 70 Figure 68: SandRidge Energy, Inc., Gross Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 70 Figure 69: SandRidge Energy, Inc., Gross Productive Oil Wells, By Country/Region, Number, 2011-2015 71 Figure 70: SandRidge Energy, Inc., Net/Gross Oil & Gas Ratio, By Country/Region, %, 2011-2015 71 Figure 71: SandRidge Energy, Inc., Net Productive Gas Wells, By Country/Region, Number, 2011-2015 72 Figure 72: SandRidge Energy, Inc., Net Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 72 Figure 73: SandRidge Energy, Inc., Net Productive Oil Wells, By Country/Region, Number, 2011-2015 73 Figure 74: SandRidge Energy, Inc., Exploratory and Developed Wells, 2011-2015 74