In the following video, Motley Fool energy analyst Joel South discusses SandRidge Energy (UNKNOWN:SD.DL) and what investors should watch when the company announces fourth-quarter earnings next week. Chesapeake Energy's (NYSE:CHK) fourth-quarter earnings report adds color to the hydrocarbon makeup of the Mississippian Lime; fortunately for SandRidge, heavy oil pockets were drilled in Woods County, Okla. With a large drilling inventory in this area, SandRidge could find heavy oil pockets in the near future, which will go a long way to helping fund future exploration. 

Joel South owns shares of SandRidge Energy. The Motley Fool owns shares of Sandridge Mississippian Trust II and has the following options: Long Jan 2014 $20 Calls on Chesapeake Energy, Long Jan 2014 $30 Calls on Chesapeake Energy, and Short Jan 2014 $15 Puts on Chesapeake Energy. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.