Checking Into the Mississippian Lime
Some clues to SandRidge's earnings next week.
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.