SANDRIDGE MISSISSIPPIAN TRUST II (NYSE:SDR) Files An 8-K Changes in Registrant’s Certifying Accountant
Item 4.01(b) disclosure in the Trust’s Current Report on Form 8‑K filed with the Securities and Exchange Commission on May 14, 2019 (the “Form 8-K”) to specify the date of the engagement of the Trust’s current independent registered public accounting firm. All other disclosures in the Form 8-K remain unchanged, and this Form 8-K/A should be read in conjunction with the Form 8-K.
SANDRIDGE MISSISSIPPIAN TRUST II (NYSE:SDR) Files An 8-K Changes in Registrant’s Certifying Accountant
(b) Engagement of New Independent Registered Public Accounting Firm
As previously disclosed in the Form 8-K, on May 14, 2019, The Bank of New York Mellon Trust Company, N.A., the trustee of the Trust, approved Deloitte & Touche LLP (“Deloitte”) as the Trust’s independent registered public accounting firm for the year ending December 31, 2019, subject to Deloitte’s customary client acceptance procedures.
On June 20, 2019, the Trust engaged Deloitte as the Trust’s independent registered public accounting firm for the year ending December 31, 2019.
During the fiscal years ended December 31, 2017 and 2018, respectively, and the subsequent interim period through June 20, 2019, neither the Trust nor anyone acting on its behalf has consulted with Deloitte on any of the matters or events set forth in Item 304(a)(2)(i) or 304(a)(2)(ii) of Regulation S-K.
About SANDRIDGE MISSISSIPPIAN TRUST II (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).