SandRidge Energy announced that the borrowing base under its senior credit facility has been increased by $425 million from $775 million to $1.2 billion, or 55%. Because of the company's current liquidity and strong hedging program (remaining projected 2014 liquids production is over 90% hedged, and the majority of 2015 liquids production is hedged at over $90/bbl), SandRidge elected to set a current facility limit of $900 million, expandable to the full amount on......
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