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Arena Resources Announces Opening of Midland, Texas Office Tulsa, Oklahoma — September 2, 2008 — Arena Resources, Inc. (NYSE-ARD)(“Arena”)(“Company”) announced today today that it has finalized the lease of office space in Midland, Texas, (“Midland”) with an anticipated opening date by the end of October. Mr. Will Porter has joined Arena as Permian Basin Land Manager and will manage the new office. Mr. Porter, a Midland native, has over 23 years of experience in all phases of land work. He graduated from Texas Tech University in 1984 with a Bachelor of Business Administration with a degree in Petroleum Land Management. Prior to joining Arena, Mr. Porter worked for a number of Midland-based companies including TXO Production Company, ClayDesta National Bank, Perry and Perry, Inc., PLP Partners, Permian Resources, Inc., and Stanolind Oil and Gas Corporation. His responsibilities included title searches, collateralization of oil and gas loans, buying and selling of oil and gas leases and generation of exploration ideas to independent third parties. Mr. Porter is a Certified Professional Landman and the current president of the Permian Basin Landmen’s Association. Mr. Phil Terry, CEO of Arena stated, “We are very pleased that Will Porter has agreed to join Arena and manage our Midland office. His years of experience and established relationships in the local area will enhance our ability to seek out acquisition opportunities that complement the Company’s core Permian Basin assets in west Texas and southeast New Mexico. With already established offices in Hobbs, New Mexico and Andrews, Texas, the Midland office should be of great benefit in expanding the Company’s presence in the Permian Basin.”
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| 11.06.08 Arena Resources Announces Record Third Quarter and Nine Month 2008 Financial and Operating Results |
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| ............................................ 10.29.08 Arena Resources Announces Reduction in 2008 Capital Expenditure Budget |
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| ............................................ 10.28.08 Arena Resources Schedules Conference Call on its 2008 3rd Quarter Financial and Operating Results |
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| ............................................ 10.22.08 Arena Resources, Inc. Announces Record Production in 2008 Third Quarter |
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| ............................................ 09.02.08 Arena Resources, Inc. Announces Opening of Midland, Texas Office |
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| ............................................ 08.07.08 Arena Resources, Inc. Announces Record Second Quarter and Six Month 2008 Financial and Operating Results |
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| ............................................ 07.16.08 Arena Resources, Inc. Announces 2008 Second Quarter Operations Update |
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| ............................................ 06.23.08 Arena Resources Announces 2008 Capital Expenditure Increase to $248 Million |
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| ............................................ 06.05.08 Arena Resources, Inc. Announces New Mexico Acquisition |
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| ............................................ 06.03.08 Arena Resources, Inc. Announces Completion of Public Common Stock Offering of 2,501,250 Shares |
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| ............................................ 05.28.08 Arena Resources, Inc. Announces Public Offering of 2,175,000 Shares of Common Stock |
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| ............................................ 05.21.08 Arena Resources, Inc. Appoints Phil Terry Chief Executive Officer |
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| ............................................ 05.08.08 Arena Resources Announces Record Financial Results for First Quarter 2008 |
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| ............................................ 05.01.08 Arena Resources Schedules Conference Call on its 2008 First Quarter Financial and Operating Results |
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| ............................................ 04.07.08 Arena Resources Announces 2008 First Quarter Record Production |
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| ............................................ 02.28.08 Arena Resources, Inc. Announces 2007 Year End Reserve and Production |
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| ............................................ 01.31.08 Arena Resources, Inc. Announces Record 2007 Fourth Quarter, Annual Production and Initial Capital Expenditure Budget for 2008 |
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| ............................................ 01.07.08 Arena Resources Announces Definitive Agreement for Yates Gas Production |
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