SANDRIDGE PERMIAN TRUST PER announced today that the sponsor of
SandRidge Permian Trust, SandRidge Energy, Inc., has announced that it is
exploring the sale of its Permian Basin assets, excluding those associated
with the trust. SandRidge Energy has informed the Trustee that SandRidge
Energy will retain all operations within the trust's area of mutual interest
and intends to meet its drilling obligation, and that any sale of SandRidge
Energy's Permian assets is not expected to have any impact on the operations
and underlying assets of SandRidge Permian Trust.
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