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Arena Resources, Inc. Announces Separation of Units Tulsa, Oklahoma — October 29, 2004 — Arena Resources, Inc. (AMEX: ARD.U, ARD) ("Arena")("Company") announced today that it will divide its Units issued in its recent public offering into their separate components of Common Stock and Warrants. The separation will occur upon commencement of trading on December 1, 2004. The Company has notified the American Stock Exchange of this pending separation of Units. The Units have traded under the symbol ARD.U since the Company completed its public offering in August of 2004. Each Unit is comprised of one share of Common Stock and one Warrant exercisable to purchase one share of Common Stock at $7.32 through August 9, 2008. When separated, the Common Stock and Warrants will trade individually on the AMEX under the symbols ARD and ARD.WS, respectively, and the Units will cease to exist. For more information on the Company's Units, Common Stock and Warrants, please refer to the Company's prospectus dated August 10, 2004, a copy of which can be obtained on the Securities and Exchange Commission's website at www.sec.gov.
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| 12.21.04 Arena Resources, Inc. Announces Completion of $10.5 Million Texas Property Acquisition |
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| ............................................ 12.07.04 Arena Resources, Inc. Announces $10.5 Million Texas Property Acquisition |
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| ............................................ 10.29.04 Arena Resources, Inc. Announces Separation of Units |
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| ............................................ 10.28.04 Arena Resources Announces Third Quarter and Nine Month 2004 Financial and Operating Results |
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| ............................................ 08.19.04 Arena Resources Announces Sale of Additional 217,500 Units of Public Secondary Offering |
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| ............................................ 08.16.04 Arena Resources Announces Second Quarter and Six Month 2004 Financial and Operating Results |
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| ............................................ 08.10.04 Arena Resources, Inc. Announces Pricing of Public Offering of 1,450,000 Units |
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| ............................................ 07.27.04 Arena Resources, Inc. Revises Reserve Estimates |
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| ............................................ 05.28.04 Arena Resources Restates First Quarter 2004 Results |
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| ............................................ 05.18.04 Arena Resources Announces First Quarter 2004 Results |
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| ............................................ 04.23.04 Arena Resources Announces Ten Million Dollar New Mexico Lease Acquisition |
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| ............................................ 04.15.04 Arena Resources Signs Letter of Intent to Acquire New Mexico Prospect |
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| ............................................ 02.05.04 Arena Resources Announces 2003 Financial and Operating Results |
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| ............................................ 02.02.04 Arena Resources Announces 2003 Reserve and Production Results |
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| ............................................ 01.21.04 Arena Resources Drills Second Successful Gas Well in Kansas |
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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 |
