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SandRidge Energy chairman and CEO buys shares



By AP
02 June 2008 @ 02:39 pm EST

NEW YORK - The chairman, president and chief executive of oil and gas producer SandRidge Energy Inc. bought 230,000 shares of common stock, according to a filing with the Securities and Exchange Commission.

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SD 11.8 -0.38

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In a Form 4 filed with the SEC Friday, Tom L. Ward reported buying the shares Wednesday for $53 to $57.59 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 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 This material may not be published, broadcast, rewritten or redistributed.

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