This excerpt taken from the ARD 10-K filed Mar 2, 2009.
Net Costs Incurred in Oil and Gas Producing Activities
ARENA RESOURCES, INC.
|For the Years Ended December 31,||2007||2006||2005|
|Acquisition of proved properties (net of proceeds from property sale)||53,554,064||7,122,176||1,406,588|
|Acquisition of unproved properties (net of proceeds from property sale)||542,650||3,282,635||(160,454)|
|Total Net Costs Incurred||$||167,181,058||$||101,326,652||$||34,268,779|