{
  "docId": "019dd923-622b-71dc-a6dc-5ae23aabda1f",
  "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",
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  "pageNumber": 27,
  "pageCount": 32,
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  "slideType": "expose_contradiction",
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  "density": "balanced",
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  "notes": "Uses a grid-based visual representation to show land ownership changes over time.",
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  "components": [
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      "kind": "callout",
      "text": "Two months later, on March 28, 2012, Stable Energy Resources assigned mineral rights to SandRidge in adjacent acreage",
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      "kind": "diagram",
      "text": "Visual timeline of land ownership grid changes across four stages.",
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      "text": "SEC disclosure: None\nWhat actually happened:\n(1) On January 3, 2012, Bent Tree Properties acquired mineral rights in Sherman County, Kansas\n(2) Two months later, on March 28, 2012, Stable Energy Resources assigned mineral rights to SandRidge in adjacent acreage\n(3) Two weeks later, on April 10, 2012, Bent Tree assigned those mineral rights to WCT Resources\n(4) WCT Resources still retains this acreage",
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      "kind": "source-note",
      "text": "1 Sherman County: 09-08S-37W",
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      "kind": "title",
      "text": "Examples of adjacent acquisitions",
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      "arcName": "Overcoming the Monster",
      "arcSlug": "overcoming-monster",
      "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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      "name": "Cost Of Inaction",
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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?",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
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