SANDRIDGE ENERGY, INC. SandRidge Energy, Inc. revised financial guidance for 2014, including production growth of 26% in 2014, an increase from the previous guidance of 12% growth. The company expects to produce 29.3 MMBoe in 2014, which includes 1.0 MMBoe of production from Gulf of Mexico assets prior to the closing of the transaction. The company anticipates capital expenditures of $1.475 billion in 2014.
The redeployment of offshore capital expenditures is expected to result in 2014 production of 23.2 MMBoe in the Mid-Continent, representing production growth of 37% over estimated 2013 levels.
