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SandRidge MS Trust I quiet period ends May 17

May 12, 2011
SDT

SandRidge Mississippian Trust I, a newly-formed trust that holds royalty interests in 37 producing and 123 development wells, will see its quiet period end on Tuesday, May 17. On April 6, the company raised $315 million by offering 15 million shares at $21, at high end of the range of $19 to $21. Raymond James and Morgan Stanley acted as lead managers on the deal.