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Published on 9/23/2016 in the Prospect News Distressed Debt Daily.

SandRidge Energy shareholders’ group appeals plan confirmation order

By Caroline Salls

Pittsburgh, Sept. 23 – An informal committee of SandRidge Energy, Inc.’s shareholders appealed the court order confirming the company’s amended plan of reorganization, according to a notice filed Friday with the U.S. Bankruptcy Court for the Southern District of Texas.

As previously reported, the plan was confirmed on Sept. 20.

SandRidge, an oil and natural gas company based in Oklahoma City, filed for bankruptcy on May 16. The Chapter 11 case number is 16-32488.


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