{
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  "docSlug": "0de5d4c67f19",
  "documentTitle": "SandRidge Energy (SD)",
  "authorId": "16_TPG-Axon",
  "authorName": "Dinakar Singh",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2013-01-18 00:00:00",
  "orientation": "portrait",
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  "pageNumber": 14,
  "pageCount": 32,
  "prevPage": 13,
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  "slideType": "expose_contradiction",
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  "density": "dense",
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  "notes": "Uses a timeline diagram to visualize the contradiction between official disclosure and actual events.",
  "elementsJson": [
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  "components": [
    {
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      "kind": "callout",
      "text": "Seven months later, on August 29, 2012, WCT Resources flipped those specific leases to SandRidge",
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      "toolName": "Visual emphasis",
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      "kind": "diagram",
      "text": "Timeline of transactions from 2008 to 2013",
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      "kind": "list",
      "text": "What actually happened: On August 5, 2008, TLW Land & Cattle purchased land and mineral rights from the Joy family in Alfalfa County, Oklahoma; On February 28, 2012, WCT Resources leased those mineral rights; Seven months later, on August 29, 2012, WCT Resources flipped those specific leases to SandRidge",
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      "kind": "list",
      "text": "SEC disclosure: From the 2013 consent revocation statement: “In May 2012 and August 2012, we purchased a portion of the working interest in leases covering acreage in northern Oklahoma from WCT Resources”",
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      "kind": "quote",
      "text": "In May 2012 and August 2012, we purchased a portion of the working interest in leases covering acreage in northern Oklahoma from WCT Resources — From the 2013 consent revocation statement",
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      "kind": "source-note",
      "text": "¹ Alfalfa County: 12-28N-10W",
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      "kind": "title",
      "text": "Examples of flipping",
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      "evidence": "Contrasts SEC disclosure text with a factual timeline of events.",
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      "arcName": "Overcoming the Monster",
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      "beatName": "The Struggle",
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      "evidence": "The presentation provides examples of flipping and adjacent acquisitions, detailing the struggle for transparency.",
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  "loops": [
    {
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      "name": "Cost Of Inaction",
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      "bestFor": "Urgent budget requests, compliance, risk mitigation",
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      "evidence": "The presentation implies that inaction could lead to continued insider benefit at the expense of shareholders.",
      "position": 1,
      "objective": "What are the consequences of not addressing SandRidge's opaque transactions?",
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      "description": "Quantify what happens if the audience does nothing"
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