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Published on 5/11/2009 in the Prospect News Bank Loan Daily.

SandRidge Energy may repay some revolver borrowings with proceeds from notes offering

By Sara Rosenberg

New York, May 11 - SandRidge Energy Inc. plans to repay a portion of its outstanding revolving credit facility borrowings and/or fund some exploration, development and other capital expenditures using proceeds from a $300 million senior notes offering, according to a news release.

SandRidge is an Oklahoma City-based natural gas and crude oil company.


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