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| Arena Resources 2009 Third Quarter Financial & Operating Results Thu, Nov 5, 2009, 11:30 am Eastern
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| About Arena Resources, Inc. (NYSE:ARD) | |||
| Arena Resources, Inc. engages in the acquisition, exploration, development, and production of oil and natural gas properties. It owns interest in oil and gas properties in Oklahoma, Texas, New Mexico, and Kansas. The company’s principal properties in New Mexico comprise East Hobbs San Andres Unit, Seven Rivers Queen Unit, Humphrey Queen Unit, Langlie Mattix Queen Unit, South Leonard Queen Unit, North Benson Queen Unit, and Red Lake Unit, as well as Phillips Lea, Hale State, State 36, and Corbin 35 leases. It also holds interest in Fuhrman Mascho leases located in Andrews County, Texas; and Y6 lease situated in Fisher County, Texas; Ona Morrow Sand Unit located in Cimarron and Texas Counties, Oklahoma; Eva South Morrow Sand Unit located in Texas County, Oklahoma; and Midwell, Appleby, Smaltz, and Hanes Leases located in Cimarron County, Oklahoma. Arena Resources primarily sells its oil and natural gas production to end users, marketers, and other purchasers. As of December 31, 2008, it had proved reserves of approximately 65,646,034 barrels of oil equivalent. The company, through its subsidiaries, also involves in the drilling operations. Arena Resources was founded in 2000 and is based in Tulsa, Oklahoma. | |||
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