Sandridge Energy, Inc.'s US$30M Credit Facility

Winston & Strawn LLP represented SandRidge Energy, Inc. (NYSE: SD) in the closing of its US$30M credit facility. The credit facility is with affiliates of Icahn Enterprises, and consists of a US$10M revolving loan facility and a US$20M term loan facility. Based in Oklahoma, SandRidge Energy engages in the exploration, development, and production of oil, natural gas, and natural gas liquids primarily in the Mid-Continent and North Park Basin of the United States.