ARD Price Target FY07: TBA
ARD EPS Estimate FY07: TBA

Friday, June 16, 2006

Arena Resources to join Russell 3000 Index
Inclusion Should Result in Additional Institutional Buying

ARD is set to join the Russell 3000 Index when Russell Investment Group reconstitutes its family of U.S. indexes on June 30, according to a preliminary list of additions posted Friday on the Russell website.

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