24,000,000 SHARES SANDRIDGE ENERGY, INC. COMMON STOCK UNDERWRITING AGREEMENTUnderwriting Agreement • December 2nd, 2009 • Sandridge Energy Inc • Crude petroleum & natural gas • New York
SandRidge Energy, Inc., a Delaware corporation (the “Company”), proposes to issue and sell to the several underwriters named in Schedule 1 hereto (the “Underwriters”), and the Company’s Chairman, President and Chief Executive Officer, Tom L. Ward (the “Selling Shareholder”), proposes to sell to the several Underwriters, an aggregate of 24,000,000 shares of the common stock, par value $0.001 per share, of the Company (the “Firm Shares”), of which 22,000,000 shares are to be issued and sold by the Company and 2,000,000 shares are to be sold by the Selling Shareholder. The Company also proposes to issue and sell to the several Underwriters not more than an additional 3,600,000 shares of its common stock, par value $0.001 per share, (the “Additional Shares”) if and to the extent that you, as managers of the offering, shall have determined to exercise the right to purchase such shares of common stock granted to the Underwriters in Section 2 hereof. The Firm Shares and the Additional Shares
