Company Profile
Updated: 17-SEP-09Arena Resources Inc.
Public Company, Headquarters Location
6555 S Lewis Ave., Tulsa, OK 74136-1075, United States
(918)747-6060, (918)747-7620 fax, http://www.arenaresourcesinc.com
Primary SIC: Crude Petroleum And Natural Gas, Primary NAICS: Crude Petroleum and Natural Gas Extraction
Description: Arena Resources Inc. was incorporated in Nevada on August 31, 2000. The company is engaged in oil and natural gas acquisition, exploration, development and production, with activities currently in Oklahoma, Texas, New Mexico and Kansas. The company's focus is on developing its existing properties, while continuing to pursue acquisitions of oil and gas properties with upside potential. Arena Resources has a portfolio of oil and natural gas reserves, with approximately 85 percent of its proved reserves consisting of oil and approximately 15 percent consisting of natural gas. Of those proved reserves, approximately 31 percent are classified as proved developed producing, approximately 7 percent are classified as proved developed non-producing, and approximately 62 percent are classified as proved undeveloped. Arena Resources principally sells its oil and natural gas production to end users, marketers and other purchasers that have access to nearby pipeline facilities. The company's principal executive offices are located in Tulsa, Okla. More
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Recent News Articles
- Arena Resources, Inc. Announces Pipeline Transport Agreement.
Energy Weekly News - November 06, 2009 - Arena Resources, Inc. Announces Pipeline Transport Agreement.
Business Wire - October 21, 2009 - CEO INTERVIEW: PHILLIP W. TERRY - ARENA RESOURCES, INC. (ARD).
Wall Street Transcript Digest - July 27, 2009 - Arena Resources, Inc. Restructures Credit Facility.
Business Wire - May 07, 2009
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