SandRidge Energy, Inc. Names Carl F. Giesler, Jr. as President and Chief Executive Officer
April 07, 2020 at 07:45 am EDT
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SandRidge Energy, Inc. announced new leadership as well as further initiatives to realize shareholder value. The Company named Carl F. Giesler, Jr. as its President and Chief Executive Officer. Most recently, Mr. Giesler led the cost and operational turnaround and subsequent cash sale in January for Jones Energy, Inc. At Jones Energy, Mr. Giesler led a team that significantly right-sized that company's administrative and operating costs as well meaningfully improved its capital expenditure efficiency and effectiveness.
Prior to joining the Company, Mr. Giesler served as the Chief Executive Officer and a Director of Jones Energy Inc. from the summer of 2018 through its cash sale earlier this year.
SandRidge Energy, Inc. is an independent oil and gas company engaged in the development, acquisition and production of oil and gas assets. The Companyâs primary area of operations is the Mid-Continent region in Oklahoma and Kansas. Its primary operations are the production, development, and acquisition of hydrocarbon resources. The Company holds interests in about 1,453 gross (849 net) producing wells, approximately 958 of which it operates, and 548,895 gross (364,201 net) total acres under lease. Its productive wells consist of wells that are producing hydrocarbons. The Company sells its oil, natural gas, and natural gas liquids (NGLs) to a variety of customers, including oil and natural gas companies and trading and energy marketing companies. The Companyâs subsidiaries include SandRidge Exploration and Production, LLC, SandRidge Holdings, Inc., SandRidge Midstream, Inc., SandRidge Operating Company, and SandRidge Realty, LLC.
SANDRIDGE ENERGY, INC. 
