SANDRIDGE ENERGY INC — Director's Dealing 2011

Jul 20, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SANDRIDGE ENERGY INC (SD)
CIK: 0001349436
Period of Report: 2011-07-18

Reporting Person: FAIRFAX FINANCIAL HOLDINGS LTD/ CAN (10% Owner)
Reporting Person: WATSA V PREM ET AL (10% Owner)
Reporting Person: 1109519 ONTARIO LTD (10% Owner)
Reporting Person: SIXTY TWO INVESTMENT CO LTD (10% Owner)
Reporting Person: 810679 ONTARIO LTD (10% Owner)
Reporting Person: ODYSSEY REINSURANCE CO (10% Owner)
Reporting Person: UNITED STATES FIRE INSURANCE CO (10% Owner)
Reporting Person: TIG INSURANCE CO (10% Owner)
Reporting Person: COMMONWEALTH INSURANCE CO (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-07-18	Common Stock, $0.001 par value (?Common Shares?)	S	1395200	$11.1565	Disposed	20189400	Indirect
2011-07-18	Common Stock, $0.001 par value (?Common Shares?)	S	104800	$11.2322	Disposed	20084600	Indirect
2011-07-19	Common Stock, $0.001 par value (?Common Shares?)	S	6870000	$11.3824	Disposed	13214600	Indirect
2011-07-20	Common
Stock,
$0.001 par
value
(?Common
Shares?)	S	5000000	$11.3518	Disposed	8214600	Indirect

Footnotes

F1: Following the transactions reported herein, 277,000 Common Shares are held directly by V. Prem Watsa and the remaining Common Shares are held by subsidiaries of Fairfax Financial Holdings Limited, including 1,369,600 Common Shares held by Odyssey Reinsurance Company and its subsidiaries, 21,300 Common Shares held by United States Fire Insurance Company, 2,291,400 Common Shares held by TIG Insurance Company and 1,008,000 Common Shares held by Commonwealth Insurance Company.