SandRidge MI T1

SDT NYSE
0.9010
-0.0290
-3.12%
Closed 16:18 05/21 EDT
Open
0.9500
Prev Close
0.9300
High
0.9500
Low
0.9000
Volume
35.44K
Avg Vol (3M)
67.09K
52 Week High
2.300
52 Week Low
0.7500
% Turnover
0.13%
Market Cap
25.23M
1D
5D
1M
3M
1Y
5Y

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Company Profile

SandRidge Mississippian Trust I is a statutory trust formed by and among SandRidge Energy, Inc. (SandRidge), The Bank of New York Mellon Trust Company, N.A., and The Corporation Trust Company. Sandridge offers various services to the Company, such as the operation of its development wells; remittance of net proceeds from the sale of associated production to the Company; administrative services, such as accounting, tax preparation, bookkeeping and informational services performed on behalf of the Company, and derivative agreement services related to production. The Company holds Royalty Interests in specified oil and natural gas properties located in the Mississippian formation in Alfalfa, Garfield, Grant and Woods counties in Oklahoma. The Mississippian formation is a carbonate hydrocarbon system located on the Anadarko Shelf. The top of the formation lies stratigraphically between the Pennsylvanian-aged Morrow formation and the Devonian-aged Woodford Shale formation.
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