Investor Presentaiton

Owned and Operated, Integrated Water and Power Infrastructure Across Acreage Footprint The Company believes that: • - Owned and operated SWD and EDS systems provide a field cost and strategic advantage relative to abutting operators Represents significant prior investment (7) with low incremental capital requirements to support operations - Low power, water transportation, and disposal expenses from owned infrastructure are key advantages that mitigate "Miss Lime" risk and contribute to cash flow Overview (18) 1,000+ miles SWD gathering pipeline - ~97% of water is piped vs. trucked System is interconnected; can redirect flow according to needs Interconnectivity and relatively low utilization is a buffer against any unforeseen curtailment Low water transportation and disposal cost on connected, operated wells ■ ~60 active disposal wells ~125 MBw/d currently disposed (vs. peak of 1.2 MMBwpd in 2014) SWD Gathering System Harper Comanche Barber Woods t Alfalfa سلة Harper 더 I ས Sumner Kay Noble 10 Current capacity ~350 MBw/d ■ 1,000+ miles power lines Woodward Roger Mills Dewey Major Blaine Garfield SERVICE Kingfisher PIPELINE SD Leasehold by Section SandRidge Energy, Inc. NYSE: SD

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