Carl Icahn’s Letter To SandRidge Energy – Moving Beyond The Bonanza Debacle

Carl Icahn's open letter to the Board of Directors of SandRidge Energy.

[icahn]

CARL C. ICAHN

767 Fifth Avenue, Suite 4700

New York, New York 10153

John V. Genova

Chairman of the Board

SandRidge Energy, Inc.

123 Robert S. Kerr Avenue

Oklahoma City, Oklahoma 73102

_

Re:       Moving Beyond the Bonanza Debacle

Dear John:

We were obviously pleased that you made the wise choice to terminate the Bonanza merger agreement, but we still have grave concerns about many of the things this board of directors has permitted to happen at SandRidge. We believe the current directors were remiss in attempting...