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Friday, December 5, 2008, 10:41AM ET - U.S. Markets close in 5 hours and 19 minutes. Dow Down 2.71% Nasdaq Down 2.56%
Arena Resources Inc. (ARD)At 10:26AM ET: 18.20  Down 1.48 (7.52%)  
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Arena Resources Inc.
6555 South Lewis Avenue
Tulsa, OK 74136
United States - Map
Phone: 918-747-6060
Fax: 918-747-7620
Web Site: http://www.arenaresourcesinc.com

DETAILS 
Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Drilling & Exploration
Full Time Employees:86

BUSINESS SUMMARY 
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 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. It also holds interest in Fuhrman Mascho leases located in Andrews County, Texas; Y6 lease located 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, 2007, it had proved reserves of approximately 55,425,711 barrels of oil equivalent. The company, thorough its subsidiaries, also involves in the drilling operations. Arena Resources was founded in 2000 and is based in Tulsa, Oklahoma.
Key Statistics

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    CORPORATE GOVERNANCE 
    Arena Resources Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-08 is better than 70% of Russell 3000 companies and 67.2% of Energy companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Lloyd T. Rochford , 61
    Co-Founder and Chairman
    N/A N/A
    Mr. Phillip W. Terry , 60
    Chief Exec. Officer, Pres and Chief Operating Officer
    $ 180.00K $ 1.81M
    Mr. William Broaddrick , 30
    Chief Financial Officer, VP, Sec. and Treasurer
    $ 98.00K $ 1.92M
    Mr. H. D. Haston ,
    Gen. Mang. of Arena Drilling Company
    $ 110.00K $ 545.00K
    Mr. William C. Gaines ,
    Mang. of Reservoir Engineering/Acquisitions
    $ 102.00KN/A
    Dollar amounts are as of 31-Dec-07 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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