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Insight: How SandRidge Energy's CEO adapted the Chesapeake playbook

SandRidge Energy CEO Tom Ward (R) speaks with chairman and majority shareholder of BOK Financial George Kaiser during an energy panel discussion at the Creativity Oklahoma World Forum in Oklahoma City, in this November 15, 2011 file photo courtesy of the Journal Record. REUTERS/Maike Sabolich/The Journal Record

SandRidge Energy CEO Tom Ward (R) speaks with chairman and majority shareholder of BOK Financial George Kaiser during an energy panel discussion at the Creativity Oklahoma World Forum in Oklahoma City, in this November 15, 2011 file photo courtesy of...more

SandRidge Energy CEO Tom Ward (R) speaks with chairman and majority shareholder of BOK Financial George Kaiser during an energy panel discussion at the Creativity Oklahoma World Forum in Oklahoma City, in this November 15, 2011 file photo courtesy of the Journal Record. REUTERS/Maike Sabolich/The Journal Record
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SandRidge Energy CEO Tom Ward addresses a function in Oklahoma City, Oklahoma, in this January 2010 handout photo courtesy of the Journal Record. REUTERS/Maike Sabolich/The Journal Record

SandRidge Energy CEO Tom Ward addresses a function in Oklahoma City, Oklahoma, in this January 2010 handout photo courtesy of the Journal Record. REUTERS/Maike Sabolich/The Journal Record

SandRidge Energy CEO Tom Ward addresses a function in Oklahoma City, Oklahoma, in this January 2010 handout photo courtesy of the Journal Record. REUTERS/Maike Sabolich/The Journal Record
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SandRidge Energy CEO Tom Ward poses in front of the Kerr-McGee tower (Sandridge Center) in Oklahoma City, Oklahoma, in this July 2007 file photo courtesy of the Journal Record. REUTERS/Maike Sabolich/The Journal Record

SandRidge Energy CEO Tom Ward poses in front of the Kerr-McGee tower (Sandridge Center) in Oklahoma City, Oklahoma, in this July 2007 file photo courtesy of the Journal Record. REUTERS/Maike Sabolich/The Journal Record

SandRidge Energy CEO Tom Ward poses in front of the Kerr-McGee tower (Sandridge Center) in Oklahoma City, Oklahoma, in this July 2007 file photo courtesy of the Journal Record. REUTERS/Maike Sabolich/The Journal Record
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Chief Executive Officer, Chairman, and co-founder of Chesapeake Energy Corporation Aubrey McClendon walks through the French Quarter in New Orleans, Louisiana, in this March 26, 2012 file photo. REUTERS/Sean Gardner/Files

Chief Executive Officer, Chairman, and co-founder of Chesapeake Energy Corporation Aubrey McClendon walks through the French Quarter in New Orleans, Louisiana, in this March 26, 2012 file photo. REUTERS/Sean Gardner/Files

Chief Executive Officer, Chairman, and co-founder of Chesapeake Energy Corporation Aubrey McClendon walks through the French Quarter in New Orleans, Louisiana, in this March 26, 2012 file photo. REUTERS/Sean Gardner/Files
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An electronic display identifies the post that trades SandRidge Energy stock on the floor of the New York Stock Exchange January 11, 2013. Picture taken January 11, 2013. REUTERS/Brendan McDermid

An electronic display identifies the post that trades SandRidge Energy stock on the floor of the New York Stock Exchange January 11, 2013. Picture taken January 11, 2013. REUTERS/Brendan McDermid

An electronic display identifies the post that trades SandRidge Energy stock on the floor of the New York Stock Exchange January 11, 2013. Picture taken January 11, 2013. REUTERS/Brendan McDermid
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An electronic display identifies the post that trades SandRidge Energy stock on the floor of the New York Stock Exchange January 11, 2013. Picture taken January 11, 2013. REUTERS/Brendan McDermid

An electronic display identifies the post that trades SandRidge Energy stock on the floor of the New York Stock Exchange January 11, 2013. Picture taken January 11, 2013. REUTERS/Brendan McDermid

An electronic display identifies the post that trades SandRidge Energy stock on the floor of the New York Stock Exchange January 11, 2013. Picture taken January 11, 2013. REUTERS/Brendan McDermid
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Specialist trader Frank Massiello works at the post that trades SandRidge Energy stock on the floor of the New York Stock Exchange January 11, 2013. Picture taken January 11, 2013. REUTERS/Brendan McDermid

Specialist trader Frank Massiello works at the post that trades SandRidge Energy stock on the floor of the New York Stock Exchange January 11, 2013. Picture taken January 11, 2013. REUTERS/Brendan McDermid

Specialist trader Frank Massiello works at the post that trades SandRidge Energy stock on the floor of the New York Stock Exchange January 11, 2013. Picture taken January 11, 2013. REUTERS/Brendan McDermid
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An electronic display identifies the post that trades SandRidge Energy stock on the floor of the New York Stock Exchange, January 11, 2013. Picture taken January 11, 2013. REUTERS/Brendan McDermid

An electronic display identifies the post that trades SandRidge Energy stock on the floor of the New York Stock Exchange, January 11, 2013. Picture taken January 11, 2013. REUTERS/Brendan McDermid

An electronic display identifies the post that trades SandRidge Energy stock on the floor of the New York Stock Exchange, January 11, 2013. Picture taken January 11, 2013. REUTERS/Brendan McDermid
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