We believe that over the last few years Doug Lawler and his team have done an admirable job, especially in light of the circumstances. We reduced our position to recognize a capital loss for tax planning purposes.
Statement regarding Chesapeake
As you are aware, the above-listed entities (the “Icahn Parties”) collectively own 4,818,832 (or approximately 13.5%) of the issued and outstanding shares of common stock
As you know, entities under our control collectively own approximately 13.5% of the issued and outstanding shares of common stock of SandRidge Energy, Inc., making us your largest shareholder.