Earnings up at Arena Resources

For the three month period ended June 30, 2007, Arena had oil and gas revenues of $21.6 million, compared to $14.7 million for the quarter ended June 30, 2006, a 47 percent increase and net income of $7.9 million compared to net income of $6.4 million for the same period in 2006, a 23 percent increase.

For the six month period ended June 30, the company reported oil and gas revenues of $38.2 million, compared to oil and gas revenues of $25 million for the six month period ended June 30, 2006, a 53% increase.



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