• Acquisition assets located within the Mid-Continent region, directly offsetting SandRidge's current drilling operations and leasing program
  • Net production of ~3.0 MBoed (~43% oil) and ~7,000 net leasehold acres provide additional inventory and expand efficient operations in the area
  • Includes interests in 21 wells and eight proven development locations
  • Immediately accretive to key metrics, including production, EBITDA and free cash flow(2)
  • Oily PDP production and new development are projected to further increase SandRidge's liquids mix on a pro forma basis
  • May 1, 2026 effective date with anticipated closing in the third quarter 2026. SandRidge plans to fund the transaction with cash on hand