• Acquisition assets located within the Mid-Continent region, directly offsetting SandRidge's current drilling operations and leasing program
• Net production of ~3.0 MBoed (~43% oil) and ~7,000 net leasehold acres provide additional inventory and expand efficient operations in the area
• Includes interests in 21 wells and eight proven development locations
• Immediately accretive to key metrics, including production, EBITDA and free cash flow(2)
• Oily PDP production and new development are projected to further increase SandRidge's liquids mix on a pro forma basis
• May 1, 2026 effective date with anticipated closing in the third quarter 2026. SandRidge plans to fund the transaction with cash on hand

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