This is definitely ripe for takeover with such solid assets and strong activism here. TPG - Axon has very strong ties with private equity and energy bankers. This will either be taken private or acquired imho. Lets see...=)
From the Motley Fool article-
According to the company, that equates to an 18-year drilling inventory. That's big-time growth, and the movement of Phillips 66 to secure some of the play's production would seem to indicate that it sees a lot of value to its business in the play being developed. SandRidge could be on the cusp of something big, especially if it can shed its reputation of a poor performer.
The Phillips 66 deal to secure Mississippi Lime crude oil certainly bodes well for the future of SandRidge. With the company focusing on growing liquids production, the future looks optimistic for the first time in years.
The Big Boys who have bought tons of shares here do not do that for a dollar or two in share appreciation, they do it for BIG BUCKS! I think people will be surprised at what SD is eventually sold for.. This article is big IMO..