Tulsa-Based Arena Resources Inc. Reports 60-Pct Production Increase

Summary


Arena Resources Inc. on Wednesday reported a 60-percent increase in production for the second quarter from a year earlier.

Sales as a result of production for the quarter totaled 385,000 barrels of oil equivalent, up from 241,060 barrels of oil equivalent for the same quarter in 2006 and a 14 percent increase from 336,694 barrels of oil equivalent for the first quarter.

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Tulsa-Based Arena Resources Inc. Reports 60-Pct Production Increase

Arena drilled 28 new development...

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