WARRANT AGREEMENTWarrant Agreement • March 18th, 2004 • Arena Resources Inc • Crude petroleum & natural gas • Nevada
Explanatory note to attached: Representative’s Option for the Purchase of Common StockArena Resources Inc • March 18th, 2004 • Crude petroleum & natural gas
The Representative is a co-managing underwriter pursuant to an Underwriting Agreement dated , 2004 (“Underwriting Agreement”) with Arena Resources, Inc. (“Arena”) relating to the offering of 1,200,000 Units of Arena. Each Unit consists of one share of Arena’s common stock and one warrant to purchase common stock, all as more fully described in the Underwriting Agreement and in a Warrant Agreement dated , 2004 between Arena and Atlas Stock Transfer, Inc., as warrant agent.
Explanatory note to attached: Representative’s Option for the Purchase of WarrantsArena Resources Inc • March 18th, 2004 • Crude petroleum & natural gas
The Representative is a co-managing underwriter pursuant to an Underwriting Agreement dated , 2004 (“Underwriting Agreement”) with Arena Resources, Inc. (“Arena”) relating to the offering of 1,200,000 Units of Arena. Each Unit consists of one share of Arena’s common stock and one warrant to purchase common stock, all as more fully described in the Underwriting Agreement and in a Warrant Agreement dated , 2004 between Arena and Atlas Stock Transfer, Inc., as warrant agent.
1,200,000 Units Consisting of 1,200,000 Shares of Common Stock and 1,200,000 Warrants to Purchase Common Stock ARENA RESOURCES, INC. UNDERWRITING AGREEMENTUnderwriting Agreement • March 18th, 2004 • Arena Resources Inc • Crude petroleum & natural gas • Colorado
Arena Resources, Inc., a Nevada corporation (the “Company”), hereby confirms its agreement with you (who are sometimes hereinafter referred to as the “Representatives”) and with the other members of the underwriting group (the “Underwriters”) named on Schedule 1 hereto as follows:
SELECTED DEALERS AGREEMENT Public Offering of 1,200,000 Units Consisting of 1,200,000 Shares of Common Stock and 1,200,000 Redeemable Warrants Offering Price of $ per Unit ARENA RESOURCES, INC.Selected Dealers Agreement • March 18th, 2004 • Arena Resources Inc • Crude petroleum & natural gas • Colorado
CONSULTING SERVICES AGREEMENTConsulting Services Agreement • March 18th, 2004 • Arena Resources Inc • Crude petroleum & natural gas • Colorado
This Consulting Services Agreement dated as of , 2004 is entered into between and among Arena Resources, Inc. (the “Company”), Neidiger, Tucker, Bruner, Inc. and Lane Capital Markets, LLC (the “Consultants”).
BUSINESS LOAN AGREEMENTBusiness Loan Agreement • March 18th, 2004 • Arena Resources Inc • Crude petroleum & natural gas • Oklahoma
References in the shaded area are for Lender’s use only and do not limit the applicability of this document to any particular loan or item.
