The Edmonton Oilers and centre Jarret Stoll have come to an agreement on a two-year contract worth $4.4-million U.S., avoiding an arbitration hearing scheduled for Monday, July 24th.

''We are pleased to have Jarret under contract for the next two years,'' said assistant general manager Scott Howson. ''He has emerged into a solid two-way player at an early stage in his career and we believe he will continue his development into a top forward in the NHL.''

Stoll is coming off a solid season with the Oilers that saw him finish third on the teams scoring list with a career-high 68 points. The 24-year-old native of Melville, Saskatchewan established single-season career-highs in goals, assists and points, netting 22 goals and 46 assists in 82 games.

One of only three Oilers to appear in all 82 games during the regular season, Stoll finished third on the team in goals and assists, was second in PPG (11) and game-winning goals (4), fourth in plus/minus (+4) and first in shots on goal (243).

A second round draft choice of the Oilers in the 2002 NHL Entry Draft, Stoll will be entering his third full season with the Oilers in 2006-07. In his first 164 career games with the Oilers he has scored 32-58-90 with 116 PIM.