SandRidge's TPG-Axon Files Definitive Consent Statement with SEC

TPG-Axon, beneficial owner of 6.7% of the outstanding shares of SandRidgeEnergy, Inc. (NYSE: SD) (the “Company”), today announced that its definitiveconsent statement was filed with the U.S. Securities and Exchange Commission(the “SEC”).In its definitive consent statement, TPG-Axon confirmed that it intends todeliver its official consent to the Company today, effectively starting the 60day time period during which SandRidge stockholders of record, as of December13, 2012, can vote in favor of TPG-Axon's proposals to amend the Company'sbylaws, remove all members of the current Board of Directors and replace themwith its slate of highly qualified director nominees. TPG-Axon is requestingthat stockholders return their signed and dated GREEN consent cards byFebruary 28, 2013, to ensure that their consent cards are received bySandRidge prior to March 15, 2013, the deadline for submitting consents.As a result of filing its definitive consent statement with the SEC,TPG-Axon's proxy solicitor, MacKenzie Partners, will soon mail consentsolicitation materials to certain SandRidge stockholders of record as ofDecember 13, 2012. TPG-Axon urges SandRidge stockholders to vote the GREENConsent Card in favor of its proposals and to refrain from returning the whiteconsent card to be issued by SandRidge. Any consents not delivered will countas votes against TPG-Axon's proposals, per SandRidge's bylaws, as amended onNovember 19, 2012.