Just curious, any PTO requests denied for this week?
Lync is down
We all know what that means
A Houston private equity big shot is considering options to salvage the beleaguered SandRidge Energy Inc.
Blue Star Energy, a Kansas-based entity created solely for the purpose of acquisitions, is pursuing multiple investment options for SandRidge, and discussing said options with A.V. Jones, co-founder and senior adviser to Houston-based Quantum Energy... — read more
Managers?
Which managers should be let go?
Wednesday 9AM
Layoffs are coming next Wednesday at 9AM. If you need confirmation just try to schedule a meeting Wednesday morning with your favorite group of managers. You'll either see them booked the whole day or no meetings most of the day.
Soon?!?!
They just cancelled mandatory safety class scheduled for next week with no reschedule date...layoffs are coming soon!!
Make it meaningful
Who is the meanest / scariest guy in SD?
Let's be mean!
Who is the scariest / meanest guy in SD?
MASSIVE CUTS - 200+ - Lariat Services Group subsidiary in NW Oklahoma
A week old news - http://www.kwch.com/news/local-news/sandridge-energy-announces-major-layoffs/37422094
Layoffs today?
I heard the Alva office had some layoffs today...anyone know for sure?
Bye, Sandridge
Been nice knowin' ya. I think we all know Sandridge isn't going to survive. The only question is how long it'll keep pretending.
Cuts
D&C, Geologist, Land and all their support staff to be cut up to 80%. Any personnel with a I following their job title will most likely be cut. As far as mid level management, expect 70% cuts. Get ready.
Layoffs Happening TODAY!!
Made you look.
What sandridge should REALLY do
Cut 50% of the workforce including 50% of the VPs, eliminate mid management all together and rehire some as contractors, move to occupy fewer floors, rent the rest and pray. Do we have the balls? Let the remaining employees maintain what we have and... — read more
This site is not accurate - I'm finished here.
No one can verify info and most people who post or reply are trolls. Let's all go back to work. We all know a LO will happen, so just do a good job, and whatever will be will be.
Layoffs Started Today
Anyone know how many got laid off today?
OKC HQ layoffs in March
20-% to 25%, confirmed.
226 employees laid off from Lariat in Cherokee today.
226 employees laid off from Lariat in Cherokee today
3 CENTS
Ladies and gentlemen, I give you James D. Bennett, our leader.
Layoffs coming in Mid to end March
There is going to be another round of layoffs this year, no way around it. The talks are about 10% of the work force.
NYSE Delisting
Not that I am surprised that we were delisted, but It sure would have been nice to hear about this from our leadership team instead of The Oklahoman. What ever happened to the reverse stock split? It's time to jump ship.
Edmond Quakes
Sandridge, can we talk? Honestly? No frontin'? You won't shut down your water disposal wells. Even when the corp commission sues you - you still won't shut them down. Therefore I gotta crap my bed every morning in Edmond with ongoing earthquakes... — read more
We are in elbow deep. What about other companies here in OKC?
So I think we all understand that the latest round of financing was to buy us more time in hopes that the market may turn around. Are the other companies around town in the same situation? I hear a lot about Chk. They seem to be in the same... — read more
Get ready
I work here and if you aren't worried you should be. If you think this company is sustainable at this level, and this quarters debt ratio, and these oil prices, and our current stock price, i.e. company value you're totally in denial. If a sizable... — read more
Sandridge will hang in there
Sandridge will hang in there! The credit facility renewal is in the works. If SR can hang on for the ride for another year they will emerge okay unless some unforeseen circumstance pops up ... like a drop to $25 a BBL or something shitty like that. I... — read more
Go see the Ward Family...
When the door's close, which is happening. Go say Merry Christmas to a Ward if you want to blame anyone in particular he sat this all in motion years ago. I got out 4 months ago and am working at Continental now, my advice, jump ship and get another... — read more
Market Cap
Just so you know at $0.30 you are worth $156MM. This is roughly 1/20th the cap ex budget for some companies for one play in their portfolio during a depressed oil price environment. A division of a mid sized company could buy you. Do you all... — read more
Why
Why haven't you just shut down yet? I don't get it.
Accounting
How is RC still at SD?
Tom Ward sure made a bundle
Tom Ward sure made a bundle for drilling non-economic wells and then received a ninety million dollar exit payment to get off the ship before it sinks.
Sandridge was doomed from the beginning
Sandridge was doomed from the beginning. Was never a real oil and gas company. It was just a vehicle for the Officers and Directors to take a joy ride through Wall Street. Wells are non-economic at $100 oil. None of the debt will ever be paid back... — read more