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SandRidge Energy CEO buys shares



By AP
29 May 2008 @ 03:46 pm EST

NEW YORK - The chief executive of oil and gas producer SandRidge Energy Inc. bought 230,000 shares of common stock, according to Securities and Exchange Commission filings Wednesday.

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SD 10.96 -2.29

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In Form 4s filed with the SEC, Tom L. Ward reported he bought the shares for $49.62 to $50 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

SandRidge Energy is based in Oklahoma City.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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