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Arena Resources Announces Move to New York Stock Exchange Begins Trading August 31, 2006 Tulsa, Oklahoma — August 21, 2006 — Arena Resources, Inc. (AMEX: ARD) ("Arena" or the "Company") announced today , that effective Thursday, August 31, 2006, its common stock will begin trading on the New York Stock Exchange ("NYSE") under the symbol "ARD" . Arena's common stock, currently trading on the American Stock Exchange ("AMEX") under the symbol "ARD", will cease trading on the AMEX effective with date of listing on the New York Stock Exchange. Mr. Tim Rochford, President, CEO of Arena stated, "We believe the move to the NYSE will further enhance shareholder value through increased visibility and recognition. We are excited and proud to be included with some of the most prestigious public companies in the world."
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| 12.07.06 Arena Resources, Inc. Adds 4.7 Million Barrels of Oil Equivalent of Proved Reserves in Permian Basin |
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| ............................................ 11.06.06 Arena Resources, Inc. Announces Record Production for Third Quarter 2006 |
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| ............................................ 10.05.06 Arena Resources, Inc. Announces Record Production for Third Quarter 2006 |
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| ............................................ 08.21.06 Arena Resources Announces Move to New York Stock Exchange |
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| ............................................ 07.25.06 Arena Resources Increases 2006 Capital Expenditure Budget to $76.5 Million |
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| ............................................ 07.12.06 Arena Resources, Inc. Provides Second Quarter 2006 Operations Update |
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| ............................................ 05.30.06 Arena Resources, Inc. Announces Issuance of 1.15 Million Shares in Private Placement |
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| ............................................ 05.11.06 Arena Resources, Inc. Announces Record Revenues, Earnings, Cash Flow and Production for First Quarter 2006 |
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| ............................................ 04.25.06 Arena Resources, Inc. Provides First Quarter 2006 Operations Update |
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| ............................................ 03.31.06 Arena Resources, Inc. Announces Increase and Extension of Credit Facility |
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| ............................................ 02.22.06 Arena Resources, Inc. Announces 2005 Year End Production and Reserves |
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| ............................................ 02.16.06 Arena Resources, Inc. Restates Financial Statements to Reflect Accounting Change Associated with Employee Options |
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| ............................................ 01.27.06 Arena Resources Provides Fourth Quarter 2005 Operations Update |
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