Former SandRidge Energy CEO Tom Ward launches natural gas venture with private capital

Tom Ward, who until June was the CEO of Oklahoma City-based SandRidge Energy Inc., announced that he is using personal capital to fund a new venture called Tapstone Energy, Tulsa World reports. Ward started SandRidge Energy in 2006 after leaving Chesapeake Energy Corp., which he co-founded with Aubrey McClendon in 1989. He favored "older conventional resources" over oil-shale formations while at SandRidge, but said he plans to "lean toward natural gas" with his new company, the article said. For more, read the full story.