13D Filing: Fir Tree and Sandridge Energy Inc (SD)

Page 3 of 6 – SEC Filing

This Amendment No. 1 (“Amendment No. 1“) amends the statement on Schedule 13D filed with the Securities and Exchange Commission (the “SEC“) on November 20, 2017 (the “Original Schedule 13D,” and the Original Schedule 13D as amended by this Amendment No. 1, the “Schedule 13D“) with respect to the shares of Common Stock, $0.001 par value per share (the “Common Stock“), of SandRidge Energy, Inc., a Delaware corporation (the “Issuer“).  Capitalized terms used herein and not otherwise defined in this Amendment No. 1 have the meanings set forth in the Schedule 13D.  This Amendment No. 1 amends Items 4 and 7 as set forth below.
Item 4. PURPOSE OF TRANSACTION
Item 4 of the Schedule 13D is hereby amended and supplemented by the addition of the following:
On December 18, 2017, the Reporting Person  issued an open letter to the Board of Directors of the Issuer reiterating its strong opposition to the Issuer’s proposed acquisition of Bonanza Creek Energy, Inc. (the “Bonanza Acquisition“), voicing its support for the position of Icahn Capital LP in its Proxy Statement that the Issuer should not issue more shares of common stock in connection with the Bonanza Acquisition and reiterating its intent to vote against the issuance (the “Fir Tree Board Letter“).  The foregoing summary of the Fir Tree Board Letter is qualified in its entirety by the full text of the Fir Tree Board Letter, which is filed as Exhibit B to this Schedule 13D, and is incorporated herein by reference.
Item 7. MATERIAL TO BE FILED AS EXHIBITS
Item 7 of the Schedule 13D is hereby amended and supplemented by the addition of the following:
Exhibit B: Fir Tree Board Letter, dated December 18, 2017.

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