Filing Details

Accession Number:
0000905148-17-000846
Form Type:
13G Filing
Publication Date:
2017-10-24 08:31:51
Filed By:
Tyrus Capital
Company:
Sandridge Energy Inc (NYSE:SD)
Filing Date:
2017-10-24
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
TYRUS CAPITAL S.A.M 0 1,494,709 0 1,494,709 1,494,709 4.2%
TONY CHEDRAOUI 0 1,494,709 0 1,494,709 1,494,709 4.2 (2) 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN, HC (1) This figure includes 20,964 Shares that the Reporting Person has the right to acquire upon exercise of Warrants. (2) This percentage is based on a total of 35,848,682 Shares outstanding, which has been calculated in accordance with Rule 13d-3(d)(1)(i) and is based on the sum of (i) the 35,827,718 Shares outstanding as of July 31, 2017, based on information in the Issuer s quarterly report on Form 10-Q filed on August 7, 2017, and (ii) the 20,964 Shares issuable to the Reporting Person upon exercise of Warrants . Page 4 of 9 Pages Item 1(a). Name of Issuer SandRidge Energy, Inc. (the Issuer ) Item 1(b). Address of Issuer s Principal Executive Offices 123 Robert S. Kerr Avenue, Oklahoma City, Oklahoma 73102 Item 2(a). Name of Person Filing This Statement is filed on behalf of each of the following persons (collectively, the Reporting Persons ) i) Tyrus Capital S.A.M. ( Tyrus S.A.M. ) and ii) Mr. Tony Chedraoui ( Mr. Chedraoui ). This Statement relates to the Shares (as defined herein) held for Tyrus Capital Event Master Fund Limited, a Cayman Islands exempted company ( Tyrus Ltd. ) and TC Five Limited, a Cayman Islands exempted company ( TC Ltd. ). Tyrus S.A.M. serves as investment manager to each of Tyrus Ltd. and TC Ltd. Mr. Chedraoui is Chief Investment Officer and control person of Tyrus S.A.M. Item 2(b). Address of Principal Business Office or, if None, Residence The principal business address of each of the Reporting Persons is 4 Avenue Roqueville, Monaco, MC 98000. Item 2(c). Citizenship i) Tyrus S.A.M is a Soci t Anonyme Mon gasque and ii) Mr. Chedraoui is a citizen of the United Kingdom. Item 2(d). Title of Class of Securities Common Stock, par value 0.001 per share (the Shares ) Item 2(e). CUSIP Number 80007P869 Item 3. If This Statement is Filed Pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person Filing is a This Item 3 is not applicable. Page 5 of 9 Pages Item 4. Ownership Item 4(a) A mount Beneficially Owned As of October 20, 2017, each of Tyrus S.A.M. and Mr. Chedraoui may be deemed the beneficial owner of 1,494,709 Shares. This amount consists of (A) 829,600 Shares held for the account of Tyrus Ltd., and (B) 644,145 Shares, 14,753 Shares which may be obtained upon exercise of Series A Warrants, and 6,211 Shares which may be obtained upon exercise of Series B Warrants (together with the Series A Warrants, Warrants ) held for the account of TC Ltd. Item 4(b) Percent of Class A s of October 20, 2017 , each of Tyrus S.A.M. and Mr. Chedraoui may be deemed the beneficial owner of approximately 4.2%
Filing



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 



 
SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
 
SANDRIDGE ENERGY, INC.
 (Name of Issuer)
 
Common Stock, par value $0.001 per share
 (Title of Class of Securities)
 
80007P869
 (CUSIP Number)
 
October 19, 2017
 (Date of Event which Requires Filing of this Statement)
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
[    ] Rule 13d-1(b)
 
[ X ] Rule 13d-1(c)
 
[     ] Rule 13d-1(d)
 
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
 
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 

Continued on following pages
Page 1 of 9 Pages
Exhibit Index: Page 8
 
 
CUSIP No. 80007P869
Page 2 of 9 Pages
 
 
1
NAMES OF REPORTING PERSONS
 
 
TYRUS CAPITAL S.A.M.
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)
   
(b)
 
 
3
SEC USE ONLY
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Monaco
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
0
 
 
 
 
6
SHARED VOTING POWER
 
 

1,494,709 (1)
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
0
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 

1,494,709 (1)
 
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 

1,494,709 (1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
4.2% (2)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
OO
 
 
 
 
 
(1)  This figure includes 20,964 Shares (as defined herein) that the Reporting Person has the right to acquire upon exercise of Warrants (defined herein).
 
(2)  This percentage is based on a total of 35,848,682 Shares outstanding, which has been calculated in accordance with Rule 13d-3(d)(1)(i) and is based on the sum of (i) the 35,827,718 Shares outstanding as of July 31, 2017, based on information in the Issuer’s quarterly report on Form 10-Q filed on August 7, 2017, and (ii) the 20,964 Shares issuable to the Reporting Person upon exercise of Warrants.

CUSIP No. 80007P869
Page 3 of 9 Pages
 
 
1
NAMES OF REPORTING PERSONS
 
 
TONY CHEDRAOUI
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)
   
(b)
 
 
3
SEC USE ONLY
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
United Kingdom
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
0
 
 
 
 
6
SHARED VOTING POWER
 
 
1,494,709 (1)
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
0
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
1,494,709 (1)
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
1,494,709 (1)
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
4.2 (2)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
IN, HC
 
 
 
 
 
(1)  This figure includes 20,964 Shares that the Reporting Person has the right to acquire upon exercise of Warrants.
 
(2) This percentage is based on a total of 35,848,682 Shares outstanding, which has been calculated in accordance with Rule 13d-3(d)(1)(i) and is based on the sum of (i) the 35,827,718 Shares outstanding as of July 31, 2017, based on information in the Issuer’s quarterly report on Form 10-Q filed on August 7, 2017, and (ii) the 20,964 Shares issuable to the Reporting Person upon exercise of Warrants.

 
Page 4 of 9 Pages
 
Item 1(a).       Name of Issuer:
 
SandRidge Energy, Inc. (the “Issuer”)
 
Item 1(b).       Address of Issuer’s Principal Executive Offices:
 
123 Robert S. Kerr Avenue, Oklahoma City, Oklahoma 73102
 
Item 2(a).       Name of Person Filing:
 
This Statement is filed on behalf of each of the following persons (collectively, the “Reporting Persons”):

i) Tyrus Capital S.A.M. (“Tyrus S.A.M.”);  and
ii) Mr. Tony Chedraoui (“Mr. Chedraoui”).

This Statement relates to the Shares (as defined herein) held for Tyrus Capital Event Master Fund Limited, a Cayman Islands exempted company (“Tyrus Ltd.”); and TC Five Limited, a Cayman Islands exempted company (“TC Ltd.”).  Tyrus S.A.M. serves as investment manager to each of Tyrus Ltd. and TC Ltd.  Mr. Chedraoui is Chief Investment Officer and control person of Tyrus S.A.M.
 
Item 2(b).       Address of Principal Business Office or, if None, Residence:
 
      The principal business address of each of the Reporting Persons is 4 Avenue Roqueville, Monaco, MC 98000.

Item 2(c).       Citizenship:

i) Tyrus S.A.M is a Société Anonyme Monégasque; and
ii) Mr. Chedraoui is a citizen of the United Kingdom.

Item 2(d).       Title of Class of Securities:
 
Common Stock, par value $0.001 per share (the “Shares”)
 
Item 2(e).       CUSIP Number:
 
80007P869
 
Item 3.            If This Statement is Filed Pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c),
                    Check Whether the Person Filing is a:

 
This Item 3 is not applicable.
 
 
 
 
Page 5 of 9 Pages

Item 4.            Ownership:
 
Item 4(a)        Amount Beneficially Owned:
 
As of October 20, 2017, each of Tyrus S.A.M. and Mr. Chedraoui may be deemed the beneficial owner of 1,494,709 Shares.  This amount consists of: (A) 829,600 Shares held for the account of Tyrus Ltd., and (B) 644,145 Shares, 14,753 Shares which may be obtained upon exercise of Series A Warrants, and 6,211 Shares which may be obtained upon exercise of Series B Warrants (together with the Series A Warrants, "Warrants") held for the account of TC Ltd.
 
Item 4(b)       Percent of Class:
 
      As of October 20, 2017, each of Tyrus S.A.M. and Mr. Chedraoui may be deemed the beneficial owner of approximately 4.2% of Shares outstanding.  This percentage is based on a total of 35,848,682 Shares outstanding, which has been calculated in accordance with Rule 13d-3(d)(1)(i) and is based on the sum of (i) the 35,827,718 Shares outstanding as of July 31, 2017, based on information in the Issuer's quarterly report on Form 10-Q filed on August 7, 2017, and (ii) the 20,964 Shares issuable to the Reporting Person upon exercise of Warrants.
 
Item 4(c)       Number of Shares as to which such person has:
 
(i) Sole power to vote or direct the vote:
0
(ii) Shared power to vote or direct the vote:
1,494,709
(iii) Sole power to dispose or direct the disposition of:
0
(iv) Shared power to dispose or direct the disposition of:
1,494,709
 
Item 5.          Ownership of Five Percent or Less of a Class:
 
If this statement is being filed to report the fact that as of the date hereof each of the Reporting Persons has ceased to be the beneficial owner of more than five percent of the class of securities, check the following .
 
Item 6.           Ownership of More than Five Percent on Behalf of Another Person:
 
This Item 6 is not applicable.
 
Item 7.          Identification and Classification of the Subsidiary Which Acquired the Security Being
                       Reported on By the Parent Holding Company or Control Person:
 
See disclosure in Item 2 hereof.
 
 
 
 
 
Page 6 of 9 Pages

Item 8.           Identification and Classification of Members of the Group:
 
This Item 8 is not applicable.
 
Item 9.           Notice of Dissolution of Group:
 
This Item 9 is not applicable.
 
Item 10.        Certification:
 
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.
 
 
Page 7 of 9 Pages
 
SIGNATURE
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
  Tyrus Capital S.A.M.  
       
 
By:
/s/ Mark Madden  
    Name: Mark Madden  
    Title: Director  
       
       
 
  Tony Chedraoui   
       
   /s/ Tony Chedraoui   
       
 
October 24, 2017
 
 
Page 8 of 9 Pages
 

 
EXHIBIT INDEX
 
Ex.
 
Page No.
     
A Joint Filing Agreement 9
 
 
 
 
 

 
 
Page 9 of 9 Pages
 
EXHIBIT A


JOINT FILING AGREEMENT

The undersigned hereby agree that the statement on Schedule 13G with respect to the Common Stock of SandRidge Energy, Inc. dated as of October 24, 2017 is, and any amendments thereto (including amendments on Schedule 13D) signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.
 
  Tyrus Capital S.A.M.  
       
 
By:
/s/ Mark Madden  
    Name: Mark Madden  
    Title: Director  
       
       
 
  Tony Chedraoui   
       
   /s/ Tony Chedraoui   
       
 
October 24, 2017