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Arena Resources Schedules Conference Call On Its 2008 3rd Quarter Financial and Operating Results Adds 6,400 Acres in Andrews County, Texas Through University Auction Tulsa, Oklahoma — October 28, 2008 — Arena Resources, Inc. (NYSE-ARD)(“Arena”)(“Company”)”) has scheduled a conference call on Thursday Nov 6, 2008 at 11:30 a.m. EDT to discuss the 2008 third quarter financial and operating results. Arena expects to issue a press release summarizing these results the same morning. To participate, dial 877-407-0778 at least five minutes before the call is to begin. Please reference the Arena Resources conference call. International callers may also participate by dialing 201-689-8565. A telephone replay will also be available for one week beginning two hours after the completion of the live call, and can be accessed by dialing 877-660-6853, or 201-612-7415 for international callers and entering access number 286 and conference id 292770 when prompted. The results will also be available via live and a 3 month archived webcast at www.investorcalendar.com/
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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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