Arena Resources, Inc. Announces Two-for-One Stock Split.

TULSA, Okla. -- Arena Resources, Inc. (NYSE-ARD) ("Company") ("Arena") today announced that its Board of Directors has approved a two-for-one stock split of its common stock effective to shareholders of record at the close of business on October 15, 2007. The split will be in the form of a stock dividend, with one additional share distributed for every share held on or about October 26, 2007. The Company's common stock will begin trading at its post-split price on October 29, 2007. Following the proposed stock split, Arena will have approximately 34.1 million shares of common stock outstanding.

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 are more fully described in the prospectus supplement relating to the offering under the headings "Cautionary Note Regarding Forward-Looking Statements" and "Risk Factors," and in additional documents the Company has filed with the Securities and Exchange Commission.