Letter Agreement Extending Management Agreement Between Citigroup Managed Futures LLC and SandRidge Capital, L.P.

Summary

Citigroup Managed Futures LLC and SandRidge Capital, L.P. have agreed to extend the term of their existing management agreement for the SB Bristol Energy Fund LP until June 30, 2009. All other terms of the original management agreement remain unchanged. The extension is confirmed by both parties signing this letter.

EX-10.7 2 y01096exv10w7.htm EX-10.7: LETTER EXTENDING THE MANAGEMENT AGREEMENT EX-10.7

Exhibit 10.7

June 5, 2008

SandRidge Capital, L.P.
1300 Post Oak Blvd., Suite 325
Houston, Texas 77056

Attention: Mr. Andrew M. Rowe

Re: Management Agreement Renewal

Dear Mr. Rowe:

We are writing with respect to your management agreement concerning the commodity pool to which reference is made below (the “Management Agreement”). We are extending the term of the Management Agreement through June 30, 2009 and all other provisions of the Management Agreement will remain unchanged.

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SB Bristol Energy Fund LP

Please acknowledge receipt of this modification by signing one copy of this letter and returning it to the attention of Ms. Jennifer Magro at the address above or fax to ###-###-####. If you have any questions I can be reached at ###-###-####.

Very truly yours,


	CITIGROUP MANAGED FUTURES LLC
	By:	/s/ Jennifer Magro
		Jennifer Magro
		Chief Financial Officer and Director


	SANDRIDGE CAPITAL L.P.
	By:	/s/ Andrew M. Rowe
	Print Name: Andrew M. Rowe JM/sr