X0202 3 2007-11-05 0 0001349436 SANDRIDGE ENERGY INC SD 0001362495 GSO CAPITAL PARTNERS LP 280 PARK AVENUE 11TH FLOOR NEW YORK NY 10017 1 0 0 1 See Remarks 0001394691 Goodman Bennett J 280 PARK AVENUE 11TH FLOOR NEW YORK NY 10017 1 0 0 1 See Remarks 0001394688 Ostrover Douglas I 280 PARK AVENUE 11TH FLOOR NEW YORK NY 10017 1 0 0 1 See Remarks 0001394690 Smith J Albert III 280 PARK AVENUE 11TH FLOOR NEW YORK NY 10017 1 0 0 1 See Remarks 0001394687 GSO LLC 280 PARK AVENUE 11TH FLOOR NEW YORK NY 10017 1 0 0 1 See Remarks Common Stock 1111111 I (See Footnotes) GSO Capital is deemed to hold shares of common stock of Sandridge (the "Securities") indirectly as the beneficial owner. These Securities are held by GSO Credit Opportunities Fund (Helios), L.P. (''GSO Helios''), GSO Special Situations Overseas Master Fund Ltd. (''GSO Overseas'') and GSO Special Situations Fund LP (''GSO SS'' and, together with GSO Helios, and GSO Overseas, the ''GSO Funds''). GSO Capital serves as investment manager to the GSO Funds. GSO Capital disclaims beneficial ownership of the Securities except to the extent of its pecuniary interest therein. GSO LLC (the "General Partner") is the general partner of GSO Capital. Bennett J. Goodman (''Mr. Goodman''), J. Albert Smith III (''Mr. Smith'') and Douglas I. Ostrover (''Mr. Ostrover'' and together with Mr. Goodman and Mr. Smith, the ''GSO Managing Members'') are the managing members of the General Partner. The General Partner and the GSO Managing Members (collectively, the ''GSO Persons'') disclaim beneficial ownership of the Securities, and this report shall not be deemed an admission that the GSO Persons are the beneficial owners of the Securities for the purpose of Section 16 or for any other purpose, except to the extent of the GSO Persons' pecuniary interest therein. GSO Capital Partners LP ("GSO Capital") may be deemed a director by virtue of the fact that an employee of GSO Capital Partners (Texas) LP, an affiliate of GSO Capital Partners LP (Dwight Scott) currently serves on the board of directors of Sandridge Energy, Inc. ("Sandridge"). Shares of Common Stock directly held by Dwight Scott are reported on Mr. Scott's Form 3, dated November 5, 2007. /s/ George Fan, Chief Legal Officer / Chief Compliance Officer of GSO Capital Partners LP 2007-11-05