0001026608-06-000087 Sample Contracts

SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • May 30th, 2006 • Arena Resources Inc • Crude petroleum & natural gas • New York

This Securities Purchase Agreement (this “AGREEMENT”) is dated as of May 26, 2006, among Arena Resources, Inc., a Nevada corporation (the “COMPANY”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “PURCHASER” and collectively the “PURCHASERS”).

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REGISTRATION AGREEMENT
Registration Agreement • May 30th, 2006 • Arena Resources Inc • Crude petroleum & natural gas

This Agreement is entered into as of this 26th day of May, 2006, by and between Arena Resources, Inc., a Nevada corporation (“Company”), and the persons designated as the investors on the signature pages of this Agreement (“Investors”).

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