HENSLEY CONSULTANTS, INC
16060 East 4230 Road
Claremore, Oklahoma 70-17
Phone: (918) 342-0466
Fax: (918) 283-1054
Email: [email protected]
November 21, 2000
RE: APPRAISAL
SPEARS LEASE & LOCATION NOS. 1 & 2
RENTIESVILLE NORTH FIELD
MCINTOSH AND MUSKOGEE COUNTIES, OKLAHOMA
To Whom it May Concern:
Hensley Consultants, Inc., hereby authorizes Arena Resources, Inc. to use the
referenced Appraisal of Spears Lease and Location Nos. 1 & 2 dated August 7,
2000, for their SB-1 Filing.
Dated this 21st day of November 2000.
HENSLEY CONSULTANTS INC.
/s/Daniel R. Hensley
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Daniel R. Hensley
