SANDRIDGE MISSISSIPPIAN TRUST I (NYSE:SDR) Files An 8-K Results of Operations and Financial Condition
ITEM2.02. Results of Operations and Financial Condition.
Attached as Exhibit99.1 is a press release issued on behalf of
the Registrant. The information furnished is not deemed filed for
purposes of Section18 of the Securities Exchange Act of 1934, as
amended, is not subject to the liabilities of that section and is
not deemed incorporated by reference in any filing under the
Securities Act of 1933, as amended.
ITEM9.01. Financial Statements and Exhibits.
(d) Exhibits.
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99.1 |
Press Release dated April27, 2017. |
About SANDRIDGE MISSISSIPPIAN TRUST I (NYSE:SDR)
SandRidge Mississippian Trust II is a statutory trust. The royalty interests conveyed by SandRidge Energy, Inc. (SandRidge) from its interests in certain properties in the Mississippian formation in northern Oklahoma and southern Kansas and held by the Trust are referred to as the Royalty Interests. The Trust holds Royalty Interests in specified oil and natural gas properties. The Royalty Interests entitle the Trust to receive approximately 80% of the proceeds from the sale of oil, natural gas and natural gas liquids (NGLs) production attributable to SandRidge’s net revenue interest in approximately 50 wells producing and over 10 additional wells awaiting (together, the Initial Wells), and over 70% of the proceeds from the sale of oil, natural gas and NGL production attributable to SandRidge’s net revenue interest in approximately 200 horizontal oil and natural gas development wells drilled (the Trust Development Wells) within an area of mutual interest (AMI). SANDRIDGE MISSISSIPPIAN TRUST I (NYSE:SDR) Recent Trading Information
SANDRIDGE MISSISSIPPIAN TRUST I (NYSE:SDR) closed its last trading session 00.00 at 1.49 with 157,805 shares trading hands.