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Investor Presentaiton

Midcon Asset Position • 364K acre position across northern OK and southern KS • Daily average production rate of 16.9 MBoed in 2023 - Long-lived, resilient assets with single-digit average annual PDP decline over the next 10 years ~10-year reserves-to-production ratio and a >30-year weighted average well life (6) . Mix of hydrocarbons with 2023 Boe production comprised of ~55% gas and ~45% liquids . 99% of position is held by production, which provides greater flexibility on future development options and low acreage maintenance cost Acreage Position (2) YE 2023 Summary Operating Metrics PD PV-10 Sensitivities ($MM) (13) 7 Net Production Kansas Liquids % Oklahoma $700 $600 $500 $400 $300 $200 $100 $0 SEC Pricing (12) ■PV-10 ($MM) $70 WTI / $3 HH $80 WTI / $4 HH Potential Realization Improvements ($MM) (14) $90 WTI / $5 HH PD Reserves 16.9 MBoed ~45% 55.7 MMBoe PD PV-10 (SEC)(12) ~$296MM R/P Ratio | Avg. Well Life (6) ~10 yrs. | >30 yrs. Avg. Op Working Interest % 84% Avg. Op Net Revenue Interest % 68% Net Acreage (2) 364K HBP % 99% SandRidge Energy, Inc. NYSE: SD
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