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Arena Resources, Inc. Successfully Drills First Kansas Well Tulsa, Oklahoma — May 07, 2002 — Arena Resources, Inc. (OTCBB: ARRI) ("Arena") Tuesday announced that it has successfully drilled its first Kansas well. The Koehn No. 1, located in Haskell County, was drilled to an approximate depth of 2,800 feet. Arena management anticipates that the well will be completed and readied for production over the next 60 to 90 days. The Koehn No. 1 is the first well drilled by Arena on an approximate 1,200 acre lease under a farmout agreement recently entered into by the company. Arena, after recovery of its costs, will have a 48 percent net working interest in the well. The company is evaluating opportunities to acquire additional lease holdings in the immediate area.
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| 11.20.02 Arena Resources, Inc. Announces Third Quarter and Nine Month 2002 Financial and Operating Results |
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| ............................................ 09.16.02 Arena Resources, Inc. Acquires 3,200 Acres of Production Leases in Oklahoma |
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| ............................................ 08.20.02 Arena Resources, Inc. Announces Fisrt Conversion of Preferred Shares |
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| ............................................ 08.09.02 Arena Resources, Inc. Announces Second Quarter and Six Month 2002 Financial and Operating Results |
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| ............................................ 07.17.02 Arena Resources, Inc. Enters Into Agreement to Acquire Oklahoma Production Lease |
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| ............................................ 07.10.02 Arena Resources, Inc. Announces Completion of Private Placement |
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| ............................................ 07.01.02 Arena Resources, Inc. Acquires 1,430 Acre Producing Lease in Oklahoma |
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| ............................................ 06.19.02 Arena Resources, Inc. Signs Letter of Intent to Acquire Oklahoma |
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| ............................................ 05.23.02 Arena Resources, Inc. Increases Working Interest, Acreage in Kansas |
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| ............................................ 05.14.02 Arena Resources, Inc. Announces First Quarter 2002 Financial and Operating Results |
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| ............................................ 05.02.02 Arena Resources, Adds an Estmated 1.2 Million Barrels of Oil with Texas Mineral Lease Acquisition |
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| ............................................ 04.09.02 Arena Resources, Inc. Enters into Letter of Intent on 570 Acre Texas Mineral Lease for Secondary Recovery Project |
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| ............................................ 03.27.02 Arena Resources, Inc. Reports 2001 Results of Operation, New CFO |
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| ............................................ 01.07.02 Arena Resources, Inc. Commences Production on Oklahoma Well |
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| © COPYRIGHT 2001-2008 ARENA RESOURCES, INC. ALL RIGHTS RESERVED. |
| COMPANY PROFILE :: MANAGEMENT TEAM :: INVESTOR RELATIONS RESEARCH :: PRESS RELEASES/CONFERENCE CALLS :: CORPORATE GOVERNANCE ARENA PRESENTATION :: SEC FILING :: CONTACT US |
