| |
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."
About
Arena Resources, Inc.
Arena Resources, Inc. is an oil and gas exploration,
development and production company with current operations
in Texas, Oklahoma, Kansas and New Mexico.
This
release contains forward-looking statements within the
meaning of the "safe-harbor" provisions of the Private
Securities Litigation Reform Act of 1995 that involve
a wide variety of risks and uncertainties, including,
without limitations, statements with respect to the
Company's strategy and prospects. Readers and investors
are cautioned that the Company's actual results may
differ materially from those described in the forward-looking
statements due to a number of factors, including, but
not limited to, the Company's ability to acquire productive
oil and/or gas properties or to successfully drill and
complete oil and/or gas wells on such properties, general
economic conditions both domestically and abroad, and
the conduct of business by the Company, and other factors
that may be more fully described in additional documents
set forth by the Company.
For further information contact:
K M Financial, Inc.
Bill Parsons
480-947-1589
k-m-financial@msn.com
| |
