One "option" you could consider would be to sell puts at a price you feel very comfortable while collecting some premium now. For example, I see $12.50 puts being sold today around $0.30 pps for 2013 Oct 19 expiration, which is a few weeks prior to the next ex-dividend date. Personally, I already have a rather large position on SDR, I don't want to buy more at the moment, but I would feel comfortable picking up more shares at $12.20 ($12.50 strike price - $0.30 premium).
Another "option" which I carried out is to sell 2013 Oct 19 $15.00 calls. They will expire before the next announcement of dividend. I think the price will stay below $14.85 thru Oct. 19. This forces me to pay margin fees until Monday, October 21.
Just for this next quarter, because of the recent increase in dividend from .55 to .68, I think it doesn't drop much below $13.50 You are right that eventually it will drop to the 11's again as more dividends are paid and no more wells are drilled. Be thrilled if you bought in the 11s.