Brief: Sandridge Energy Names Carl F. Giesler, Jr. As Its President And CEO

SandRidge Energy

07/04/2020 12:22

April 7 (Reuters) - SandRidge Energy Inc  SD.N :
    * SANDRIDGE ENERGY INC - COMPANY NAMED CARL F. GIESLER, JR.
AS ITS
PRESIDENT AND CHIEF EXECUTIVE OFFICER
    * SANDRIDGE ENERGY INC - COMPANY WILL CONTINUE TO RIGHT-SIZE
BOTH
ITS G&A AND OPERATING COST STRUCTURE FOR LIMITED CURRENT GROWTH
ENVIRONMENT
    * SANDRIDGE ENERGY INC - WILL SUBSTANTIALLY FURTHER REDUCE
ITS
CAPITAL EXPENDITURES IN 2020
    * SANDRIDGE ENERGY - PLANS TO DEFER ANY MATERIAL DRILLING &
COMPLETION ACTIVITY UNTIL COMMODITY PRICES & CORRESPONDING
ECONOMICS FOR NEW WELLS IMPROVE
    * SANDRIDGE ENERGY INC - WILL CONTINUE TO EVALUATE SALE OF
NON-CASH FLOWING ASSETS AS WELL AS OTHER SALE OPPORTUNITIES
    * SANDRIDGE ENERGY INC - WITHDRAWING ITS 2020 GUIDANCE
    * SANDRIDGE ENERGY - FEELS IT IS APPROPRIATE TO WITHDRAW ITS
2020
GUIDANCE
    * SANDRIDGE ENERGY INC - WILL ALSO CONSIDER STRATEGIC
COMBINATIONS

Source text for Eikon:  ID:nPnDSXJJa 
Further company coverage:  SD.N 

 (Reuters.Briefs@thomsonreuters.com)