FORT WORTH, Texas --(BUSINESS WIRE)--Nov. 18, 2019-- Approach Resources Inc. (OTC: AREX) announced today that it, along with all of its subsidiaries, has commenced a voluntary Chapter 11 case in the United States Bankruptcy Court for the Southern District of Texas (Houston Division) to explore
FORT WORTH, Texas --(BUSINESS WIRE)--Aug. 8, 2019-- Approach Resources Inc. (NASDAQ: AREX) today reported second quarter 2019 financial and operational results. Financial and operational results for second quarter 2019 Production of 875 MBoe or 9.6 MBoe/day Net loss was $13.6 million or $0.15 per
FORT WORTH, Texas --(BUSINESS WIRE)--Aug. 5, 2019-- Approach Resources Inc. (“Approach” or the “Company”) (NASDAQ: AREX) , today announced plans to host a conference call on Friday, August 9, 2019 at 9:00 AM CT ( 10:00 ET ) to discuss second quarter 2019 operational and financial results.
FORT WORTH, Texas --(BUSINESS WIRE)--May 9, 2019-- Approach Resources Inc. (NASDAQ: AREX) today reported first quarter 2019 financial and operational results. Financial and operational highlights for first quarter 2019 Production of 906 MBoe or 10.1 MBoe/day Net loss was $16.8 million or $0.18 per
FORT WORTH, Texas --(BUSINESS WIRE)--May 7, 2019-- Approach Resources Inc. (“Approach” or the “Company”) (NASDAQ: AREX), today announced plans to host a conference call on Friday, May 10, 2019 at 10:00 AM CT ( 11:00 ET ) to discuss first quarter 2019 operational and financial results.
FORT WORTH, Texas --(BUSINESS WIRE)--Apr. 9, 2019-- Approach Resources Inc. (NASDAQ: AREX) (“Approach” or the “Company”) today announced that Sergei Krylov , who has served as the Company’s Executive Vice President and Chief Financial Officer since joining the Company in January 2014 , has been
FORT WORTH, Texas --(BUSINESS WIRE)--Mar. 18, 2019-- Approach Resources Inc. (NASDAQ: AREX) today reported financial and operational results for the fourth quarter and full-year 2018, estimated year-end 2018 proved reserves and provided an update on its efforts to pursue deleveraging alternatives.
FORT WORTH, Texas --(BUSINESS WIRE)--Mar. 18, 2019-- Approach Resources Inc. (“Approach” or the “Company”) (NASDAQ: AREX), today announced plans to host a conference call on Tuesday, March 19, 2019 at 10:00 AM CT ( 11:00 ET ) to discuss fourth quarter and full year 2018 operational and financial
FORT WORTH, Texas --(BUSINESS WIRE)--Dec. 10, 2018-- Approach Resources Inc. (NASDAQ: AREX) today announced it has completed its fall 2018 semiannual borrowing base redetermination of its revolving credit facility. The borrowing base was unanimously reaffirmed by the bank group at $325 million .
FORT WORTH, Texas --(BUSINESS WIRE)--Nov. 8, 2018-- Approach Resources Inc. (NASDAQ: AREX) today reported third quarter 2018 financial and operational results. Financial and operational highlights for third quarter 2018 Drilled six wells and completed two horizontal Wolfcamp wells Production of
FORT WORTH, Texas --(BUSINESS WIRE)--Oct. 24, 2018-- Approach Resources Inc. (NASDAQ: AREX) will host a conference call on Friday, November 9, 2018 , at 10:00 AM CT ( 11:00 AM ET ) to discuss third quarter 2018 financial and operating results. The Company plans to announce third quarter 2018
FORT WORTH, Texas --(BUSINESS WIRE)--Aug. 1, 2018-- Approach Resources Inc. (NASDAQ: AREX) today reported second quarter 2018 financial and operational results. Financial and operational highlights for the second quarter of 2018 Production at the high end of quarterly guidance, driven primarily by
FORT WORTH, Texas --(BUSINESS WIRE)--Jul. 11, 2018-- Approach Resources Inc. (NASDAQ: AREX) will host a conference call on Thursday, August 2, 2018 , at 10:00 AM CT ( 11:00 AM ET ) to discuss second quarter 2018 financial and operating results. The Company plans to announce second quarter 2018
FORT WORTH, Texas --(BUSINESS WIRE)--May 2, 2018-- Approach Resources Inc. (NASDAQ: AREX) today reported first quarter 2018 financial and operational results. First Quarter 2018 and Other Highlights Met quarterly production guidance with 11.3 MBoe/d, and increased daily crude oil production 3%
FORT WORTH, Texas --(BUSINESS WIRE)--Apr. 18, 2018-- Approach Resources Inc. (NASDAQ: AREX) will host a conference call on Thursday, May 3, 2018 , at 10:00 AM CT ( 11:00 AM ET ) to discuss first quarter 2018 financial and operating results. The Company plans to announce first quarter 2018 results
FORT WORTH, Texas --(BUSINESS WIRE)--Mar. 27, 2018-- Approach Resources Inc. (NASDAQ: AREX) today announced that the Company will participate in the Independent Petroleum Association of America (IPAA) 24 th Annual Oil & Gas Investment Symposium (OGIS) in New York, NY , on April 9-10, 2018 at the
FORT WORTH, Texas --(BUSINESS WIRE)--Mar. 8, 2018-- Approach Resources Inc. (NASDAQ: AREX) today reported financial and operational results for the fourth quarter and full-year 2017 and estimated year-end 2017 proved reserves. Fourth Quarter 2017 Highlights Fourth quarter production of 1,064 MBoe
FORT WORTH, Texas --(BUSINESS WIRE)--Feb. 6, 2018-- Approach Resources Inc. (“Approach” or the “Company”) (NASDAQ: AREX), today announced plans to release fourth quarter and full-year 2017 operational and financial results after the close of trading on Thursday, March 8, 2018 .
FORT WORTH, Texas , Dec. 21, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today announced that the lenders under its senior secured revolving credit facility have amended and extended the maturity date of the credit facility to May 7 , 2020. In addition, among other amendments,
FORT WORTH, Texas , Nov. 01, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today reported third quarter 2017 financial and operational results and a bolt-on acquisition. Third Quarter 2017 Highlights Produced 11.5 MBoe/d, despite negative impact of 500 Boe/d from Hurricane Harvey
FORT WORTH, Texas , Oct. 19, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (“Approach” or the “Company”) (NASDAQ:AREX), has scheduled an earnings call to discuss third quarter results of operations for November 3 , 2017. The Company also provided an update on recent well results and updated
FORT WORTH, Texas , Aug. 02, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today reported second quarter 2017 financial and operational results. Second Quarter 2017 Highlights Produced 11.9 MBoe/d, exceeding guidance for the quarter, and resumed production growth Lease operating
FORT WORTH, Texas , July 13, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) will host a conference call on Thursday, August 3, 2017 , at 9:00 AM CT ( 10:00 AM ET ) to discuss second quarter 2017 financial and operating results. The Company plans to announce second quarter 2017
FORT WORTH, Texas , June 29, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (“Approach”) (NASDAQ:AREX), a pioneer in the development of the Wolfcamp shale play, today announced that it has been added as a member of the Russell 2000® and Russell 3000® Indexes, effective Monday, June 26, 2017 .
Fort Worth, Texas , May 04, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today reported results for first quarter 2017. Highlights for first quarter 2017 include: Production was 11.4 MBoe/d, exceeding first quarter guidance Revenues increased 50% from prior year quarter, to
FORT WORTH, Texas , April 13, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) will host a conference call on Friday, May 5, 2017 , at 9:00 AM CT ( 10:00 AM ET ) to discuss first quarter 2017 financial and operating results. The Company plans to announce first quarter 2017 results on
FORT WORTH, Texas , March 30, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today announced that Approach’s President and Chief Operating Officer, Qingming Yang , will present at the 23 rd Annual Oil & Gas Investment Symposia hosted by the Independent Petroleum Association of
FORT WORTH, Texas , March 14, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today announced that Approach’s Chairman and Chief Executive Officer J. Ross Craft will present at the Scotia Howard Weil 45 th Annual Energy Conference on Wednesday, March 29, 2017 , at 10:20 AM CT .
FORT WORTH, Texas , March 09, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today reported financial and operational results for the fourth quarter and full-year 2016 and estimated 2016 proved reserves. Fourth Quarter 2016 Highlights Production was 12.0 MBoe/d, exceeding quarterly
FORT WORTH, Texas , Feb. 23, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) today announced plans to release fourth quarter and full year 2016 operational and financial results after the close of trading on Thursday, March 9 , 2017. Management will host a conference call on Friday,
FORT WORTH, Texas , Jan. 30, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) (“Approach” or the “Company”) today announced that Qingming Yang has been promoted to President. Mr. Yang has been leading Approach’s operations group as Chief Operating Officer since 2012.
FORT WORTH, Texas , Jan. 30, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) (“Approach” or the “Company”) today announced the commencement of an offer (“Exchange Offer”) to exchange newly issued shares of its common stock, par value $0.01 per share (“Common Stock”) for $99,768,000
Privately-Negotiated Debt-for-Equity Exchange of $130 Million of 7.00% Senior Notes due 2021 FORT WORTH, Texas , Jan. 27, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) (“Approach” or the “Company”) today announced the successful closing of the previously announced exchange
FORT WORTH, Texas , Jan. 26, 2017 (GLOBE NEWSWIRE) -- Approach Resources Inc. (NASDAQ:AREX) (“Approach” or the “Company”) announced that at its special meeting held today, the Company’s stockholders voted to approve the issuance of shares of common stock of the Company, par value $0.01 per share
FORT WORTH, Texas --(BUSINESS WIRE)--Nov. 9, 2016-- Approach Resources Inc. (NASDAQ: AREX) today announced that it has completed its fall 2016 semiannual borrowing base redetermination of its revolving credit facility. The borrowing base was unanimously reaffirmed by the bank group at $325 million
Privately-Negotiated Exchange of $130 Million of 7.00% Senior Notes due 2021 Followed by Exchange Offer for Remaining $100 Million of 7.00% Senior Notes due 2021 FORT WORTH, Texas --(BUSINESS WIRE)--Nov. 2, 2016-- Approach Resources Inc. (NASDAQ: AREX) (“Approach” or the “Company”) today announced
FORT WORTH, Texas --(BUSINESS WIRE)--Nov. 2, 2016-- Approach Resources Inc. (NASDAQ: AREX) today reported results for third quarter 2016. Highlights for third quarter 2016 include: Production was 12.1 MBoe/d, exceeding prior guidance for the quarter Record low quarterly lease operating expense
FORT WORTH, Texas --(BUSINESS WIRE)--Oct. 3, 2016-- Approach Resources Inc. (NASDAQ: AREX) will host a conference call on Thursday, November 3, 2016 , at 10:00 AM CT ( 11:00 AM ET ) to discuss third quarter 2016 financial and operating results. The Company plans to announce third quarter 2016
Download this Press Release ( PDF 511 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) today reported results for second quarter 2016. Highlights for second quarter 2016 include: Average initial production (IP) for two wells completed late second quarter was
Download this Press Release ( PDF 46 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) will host a conference call on Thursday, August 4, 2016 , at 10:00 AM CT ( 11:00 AM ET ) to discuss second quarter 2016 financial and operating results.
Download this Press Release ( PDF 88 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) today announced that the Company will participate in one-on-one investor meetings at the Wells Fargo West Coast Energy Conference on Tuesday, June 21, 2016 .
Download this Press Release ( PDF 390 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) today reported results for first quarter 2016. Highlights for first quarter 2016 include: Production was 12.8 MBoe/d, a 10% decrease from the prior-year quarter Revenues
Download this Press Release ( PDF 36 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) will host a conference call on Thursday, May 5, 2016 , at 10:00 AM CT ( 11:00 AM ET ) to discuss first quarter 2016 financial and operating results.
Download this Press Release ( PDF 88 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) today announced that Approach's Chairman, Chief Executive Officer and President J. Ross Craft will present at the Scotia Howard Weil 44 th Annual Energy Conference on
Download this Press Release ( PDF 619 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ:AREX) today reported results for fourth quarter and full-year 2015 and estimated 2015 proved reserves. Balance Sheet Highlights No capital expenditures in the fourth quarter
Download this Press Release ( PDF 166 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) will host a conference call on Friday, March 4, 2016 , at 9:00 AM CT ( 10:00 AM ET ) to discuss fourth quarter and full-year 2015 financial and operating results.
Download this Press Release ( PDF 561 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) today reported results for third quarter 2015. Highlights for third quarter 2015 include: Record quarterly production of 1,525 MBoe, or 16.6 MBoe/d, a 17% increase over the
Download this Press Release ( PDF 164 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) will host a conference call on Thursday, November 5, 2015 , at 10:00 AM CT ( 11:00 AM ET ) to discuss third quarter 2015 financial and operating results.
Download this Press Release ( PDF 178 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) today announced that it has completed the scheduled semiannual borrowing base redetermination of its revolving credit facility, and as a result, the bank group has set the
Download this Press Release ( PDF 164 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) today announced that the Company will participate in EnerCom's The Oil & Gas Conference® 20. The Company is scheduled to present on Monday, August 17 at 1:55 p.m. MT .
Download this Press Release ( PDF 560 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) today reported results for second quarter 2015. Highlights for second quarter 2015 include: Record quarterly production of 1,391 MBoe, or 15.3 MBoe/d, an 8% increase over
Download this Press Release ( PDF 36 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) will host a conference call on Thursday, August 6, 2015 , at 10:00 AM CT ( 11:00 AM ET ) to discuss second quarter 2015 financial and operating results.
Download this Press Release ( PDF 147 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) today announced that J. Ross Craft , Chairman, CEO and President, will present at Hart Energy's DUG Permian Basin Conference on Wednesday, May 20, 2015 , at 4:40 PM CT .
Download this Press Release ( PDF 388 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) today reported results for first quarter 2015. Highlights for first quarter 2015 include: Production was 14.3 MBoe/d, a 21% increase over the prior-year quarter EBITDAX was
Download this Press Release ( PDF 163 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) will host a conference call on Thursday, May 7, 2015 , at 10:00 AM CT ( 11:00 AM ET ) to discuss first quarter 2015 financial and operating results.
Download this Press Release ( PDF 88 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) today announced that the Company will participate in one-on-one investor meetings at the Simmons& Company International Fifteenth Annual Energy Conference on Thursday,
Download this Press Release ( PDF 208 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) today reported results for fourth quarter and full-year 2014 and estimated 2014 proved reserves. Fourth Quarter 2014 Highlights Production was 15.1 MBoe/d, a 34% increase
Download this Press Release ( PDF 70 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ:AREX) today reported estimated fourth quarter and full-year 2014 production and reserves. Production Highlights Fourth quarter production was 15.1 MBoe/d, a 34% increase over the
Download this Press Release ( PDF 246 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) ("Approach" or the "Company") today announced its capital budget plans for 2015. Announced highlights include: Estimated capital spending of $180 million in 2015 Projected
Download this Press Release ( PDF 379 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) ("Approach" or the "Company") today reported results for third quarter 2014. Highlights for third quarter 2014 include: Production was 1,306 MBoe, or 14.2 MBoe/d, a 61%
Download this Press Release ( PDF 170 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) ("Approach" or the "Company") today announced that J. Ross Craft , the Company's President and Chief Executive Officer, has been appointed to the additional position of
Download this Press Release ( PDF 165 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) (the "Company") will host a conference call on Thursday, November 6, 2014 , at 10:00 AM CT ( 11:00 AM ET ) to discuss third quarter 2014 financial and operating results.
Download this Press Release ( PDF 150 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) today reported results for second quarter 2014. Highlights for second quarter 2014 include: Production was 1,286 MBoe, or 14.1 MBoe/d, a 58% increase over the prior-year
Download this Press Release ( PDF 163 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) will host a conference call on Tuesday, August 5, 2014 , at 9:00 AM CT ( 10:00 AM ET ) to discuss second quarter 2014 financial and operating results.
Download this Press Release ( PDF 27 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) today announced that the Company will participate in RBC Capital Markets' 2014 Global Energy and Power Conference on Tuesday, June 3, 2014 , at 1:05 PM ET .
FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) today announced that J. Ross Craft , President and Chief Executive Officer, will present at Hart Energy's DUG Permian Basin Conference on Wednesday, May 21, 2014 , at 1:45 PM CT .
Download this Press Release ( PDF 28 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) today announced that John L. Harris has been named to the position of Vice President – Land. Mr. Harris assumes the position following the retirement of Ralph P.
Download this Press Release ( PDF 121 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) today reported results for first quarter 2014. Highlights for first quarter 2014 include: Production was 11.9 MBoe/d, a 42% increase over the prior-year quarter Revenues
Download this Press Release ( PDF 29 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) today announced that Uma L. Datla has been promoted to the position of Chief Accounting Officer, effective May 6, 2014 . Uma L.
FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) will host a conference call on Friday, May 9, 2014 , at 10:00 AM CT ( 11:00 AM ET ) to discuss first quarter 2014 financial and operating results. The Company plans to announce first quarter 2014 results on Thursday, May
Download this Press Release ( PDF 27 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) today announced that J. Ross Craft , President and Chief Executive Officer, will present at the Howard Weil 42nd Annual Energy Conference on Monday, March 24, 2014 , at 1:40
Download this Press Release ( PDF 191 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) today reported results for fourth quarter and full-year 2013 and estimated 2013 proved reserves. Fourth Quarter 2013 Highlights Production was 11.3 MBoe/d, a 33% increase
Download this Press Release ( PDF 79 KB ) FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) today reported estimated fourth quarter and full-year 2013 production and provided its 2014 outlook. Fourth Quarter 2013 Highlights Production was 11.3 MBoe/d, a 33%
FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) today announced that the Company's Board of Directors appointed Vean J. Gregg III as a new director, effective January 23, 2014 . Mr. Gregg has 18 years of experience in oil and gas investment banking with J.P.
FORT WORTH, Texas --(BUSINESS WIRE)--Jan. 24, 2014-- Approach Resources Inc. (NASDAQ: AREX) today announced that the Company’s Board of Directors appointed Vean J. Gregg III as a new director, effective January 23, 2014 . Mr. Gregg has 18 years of experience in oil and gas investment banking with
FORT WORTH, Texas --(BUSINESS WIRE)--Jan. 3, 2014-- Approach Resources Inc. (NASDAQ: AREX) today announced that the Company will participate in the Goldman Sachs Global Energy Conference 2014 in Miami, Florida , on Wednesday, January 8, 2014 . The slide presentation for the event will be available
FORT WORTH, Texas --(BUSINESS WIRE)-- Approach Resources Inc. (NASDAQ: AREX) today announced that the Company will participate in the Goldman Sachs Global Energy Conference 2014 in Miami, Florida , on Wednesday, January 8, 2014 . The slide presentation for the event will be available on the
FORT WORTH, Texas --(BUSINESS WIRE)--Nov. 7, 2013-- Approach Resources Inc. (NASDAQ: AREX) today announced that Sergei Krylov , Managing Director at J.P. Morgan Securities LLC , has been named to the position of Executive Vice President and Chief Financial Officer. Mr.
Third Quarter Exit Rate 11.1 MBoe/d Strong Horizontal Wolfcamp Well Results – Baker B 256H IPs at 1,334 Boe/d Successful Wolfcamp C Bench Well IPs at 614 Boe/d Horizontal Well Costs $5.4 Million 2014 Preliminary Production Growth Target 40% FORT WORTH, Texas --(BUSINESS WIRE)--Nov.
FORT WORTH, Texas --(BUSINESS WIRE)--Oct. 24, 2013-- Approach Resources Inc. (NASDAQ: AREX) plans to announce third quarter 2013 financial and operational results on Thursday, November 7, 2013 , after close of trading. Additionally, the Company will host a conference call on Friday, November 8,
FORT WORTH, Texas --(BUSINESS WIRE)--Oct. 8, 2013-- Approach Resources Inc. (NASDAQ: AREX) (“Approach” or the “Company”) today announced that it, together with its partner in Wildcat Permian Services LLC (“Wildcat”), has completed the previously-announced sale of Wildcat to an affiliate of JP
FORT WORTH, Texas --(BUSINESS WIRE)--Sep. 25, 2013-- Approach Resources Inc. (NASDAQ: AREX) today announced that the Company will participate in the Johnson Rice Energy Conference on Monday, September 30, 2013 , at 1:05 PM CT . The slide presentation for the event will be available on the Investor
FORT WORTH, Texas --(BUSINESS WIRE)--Sep. 19, 2013-- Approach Resources Inc. (NASDAQ: AREX) (together with its subsidiaries, “Approach” or the “Company”) today announced a definitive agreement to sell its interest in an oil pipeline system in the southern Midland Basin for cash proceeds to Approach
FORT WORTH, Texas --(BUSINESS WIRE)--Aug. 1, 2013-- Approach Resources Inc. (NASDAQ: AREX) today reported results for second quarter 2013. Highlights for second quarter 2013, compared to second quarter 2012, include: Production up 16% to 9 MBoe/d, and oil production up 50% to 344 MBbls Revenues
FORT WORTH, Texas --(BUSINESS WIRE)--Jul. 16, 2013-- Approach Resources Inc. (NASDAQ: AREX) will host a conference call on Friday, August 2, 2013 , at 10:00 a.m. Central Time ( 11:00 a.m. Eastern Time ) to discuss second quarter 2013 financial and operating results.
FORT WORTH, Texas --(BUSINESS WIRE)--Jun. 24, 2013-- Approach Resources Inc. (NASDAQ: AREX) (the “Company”) today announced that Craig E. Young has joined the Company as Vice President – Drilling and Completions. Mr. Young has more than 30 years of operating and management experience in the oil and
FORT WORTH, Texas --(BUSINESS WIRE)--Jun. 6, 2013-- Approach Resources Inc. (NASDAQ: AREX) today announced the pricing of its public offering of $250 million in aggregate principal amount of 7.00% senior notes due 2021. The notes were priced at par. The sale of the notes is expected to settle on
FORT WORTH, Texas --(BUSINESS WIRE)--Jun. 3, 2013-- Approach Resources Inc. (NASDAQ: AREX) (the “Company”) today announced that Troy A. Hoefer , will join the Company as Vice President – Reservoir Engineering. Mr. Hoefer has more than 25 years of operating and management experience in the oil and
FORT WORTH, Texas --(BUSINESS WIRE)--Jun. 3, 2013-- Approach Resources Inc. (NASDAQ: AREX) (the “Company”) today announced it intends to offer $250 million in aggregate principal amount of senior unsecured notes due 2021, subject to market and other conditions.
FORT WORTH, Texas --(BUSINESS WIRE)--May. 23, 2013-- Approach Resources Inc. (NASDAQ: AREX) (“Approach” or the “Company”) today reported that its production has been curtailed due to a power outage at the Phillips 66 Sweeny, Texas refinery . The Company’s NGLs currently flow to the Sweeny refinery
FORT WORTH, Texas--(BUSINESS WIRE)--May. 2, 2013-- Approach Resources Inc. (NASDAQ: AREX) today reported results for first quarter 2013. Highlights for first quarter 2013, compared to first quarter 2012, include: Production up 15% to 8.4 MBoe/d, and oil production up 63% to 310 MBbls Revenues
FORT WORTH, Texas--(BUSINESS WIRE)--Apr. 15, 2013-- Approach Resources Inc. (NASDAQ: AREX) today announced preliminary production for first quarter 2013 of 754 MBoe (8.4 MBoe/d), compared to 654 MBoe (7.2 MBoe/d) produced in first quarter 2012, a 15% increase.
FORT WORTH, Texas--(BUSINESS WIRE)--Apr. 3, 2013-- Approach Resources Inc. (NASDAQ: AREX) today announced that J. Ross Craft , the Company's President and Chief Executive Officer, will present at Hart Energy's Developing Unconventionals (DUG) Permian Basin conference on Thursday, April 4, 2013 , at
FORT WORTH, Texas --(BUSINESS WIRE)--Mar. 22, 2013-- Approach Resources Inc. (NASDAQ: AREX) today reported that a portion of daily production has been curtailed due to third-party fractionation facility repair and maintenance following an electrical storm.
FORT WORTH, Texas --(BUSINESS WIRE)--Mar. 13, 2013-- Approach Resources Inc. (NASDAQ: AREX) today announced that the Company plans to participate in the Morgan Stanley Houston Energy Summit on Thursday, March 14, 2013 , at 10:00 AM CT . In addition, the Company plans to participate in Howard Weil’s
FORT WORTH, Texas --(BUSINESS WIRE)--Feb. 21, 2013-- Approach Resources Inc. (NASDAQ: AREX) today reported results for full year and fourth quarter 2012 and announced estimated 2012 proved reserves. Highlights for 2012, compared to 2011, include: Production up 24% to 7.9 MBoe/d, and oil production
2012 Production Increases 24% to 7.9 MBoe/d 2012 Oil Production Increases 101% to 969 MBbls Recent Horizontal Wolfcamp Wells Average 900 Boe/d IP FORT WORTH, Texas --(BUSINESS WIRE)--Feb. 13, 2013-- Approach Resources Inc. (NASDAQ: AREX) today reported estimated production for full year and fourth
FORT WORTH, Texas--(BUSINESS WIRE)--Jan. 2, 2013-- Approach Resources Inc. (NASDAQ: AREX) today announced that the Company will participate in the BMO Capital Markets 10 th Annual Unconventional Resource Conference in New York, New York , on Tuesday, January 8, 2013 , at 4:00 PM ET .
FORT WORTH, Texas--(BUSINESS WIRE)--Dec. 12, 2012-- Approach Resources Inc. (NASDAQ: AREX) today announced the promotion of Dr. Qingming Yang as Chief Operating Officer, effective immediately. Dr. Yang has been employed with the Company since July 2009 when he joined as Vice President -
FORT WORTH, Texas--(BUSINESS WIRE)--Nov. 21, 2012-- Approach Resources Inc. (NASDAQ: AREX) today announced that the Company will participate in the J.P. Morgan 11 th Annual SMid Cap Conference in New York, New York on Wednesday, November 28, 2012 , at 10:15 AM ET .
FORT WORTH, Texas--(BUSINESS WIRE)--Nov. 5, 2012-- Approach Resources Inc. (NASDAQ: AREX) today reported results for third quarter 2012. Highlights for third quarter 2012 include: Production of 747 MBoe (8.1 MBoe/d), an increase of 22% over third quarter 2011 Oil production of 250 MBbls, an
FORT WORTH, Texas--(BUSINESS WIRE)--Oct. 29, 2012-- Approach Resources Inc. (NASDAQ: AREX) today announced preliminary production, commodity prices and capital expenditures for third quarter 2012. Highlights compared to prior-year period include: Total production up 22% to 8.1 MBoe/d Oil production
FORT WORTH, Texas --(BUSINESS WIRE)--Oct. 3, 2012-- Approach Resources Inc. (the “Company”) (NASDAQ: AREX) today announced that the underwriters of its previously-announced common stock offering have exercised their option to purchase an additional 325,000 shares of the Company’s common stock at a
FORT WORTH, Texas--(BUSINESS WIRE)--Sep. 25, 2012-- Approach Resources Inc. (NASDAQ: AREX) today announced that the Company will participate in Johnson Rice & Company's 4 th Annual Energy Conference in New Orleans, Louisiana on Tuesday, October 2, 2012 , at 3:35 PM CT .
FORT WORTH, Texas --(BUSINESS WIRE)--Sep. 19, 2012-- Approach Resources Inc. (the "Company") (NASDAQ: AREX) today announced that it has priced its previously announced underwritten public offering of 5,000,000 shares of common stock at a price to the public of $30.50 per share.
FORT WORTH, Texas --(BUSINESS WIRE)--Sep. 18, 2012-- Approach Resources Inc. (the "Company") (NASDAQ: AREX) today announced that it intends, subject to market conditions, to offer 5,000,000 shares of its common stock in an underwritten public offering.
FORT WORTH, Texas --(BUSINESS WIRE)--Aug. 7, 2012-- Approach Resources Inc. (NASDAQ: AREX) today announced that the Company will participate in EnerCom’s The Oil and Gas Conference (R) 17 on August 15, 2012 , at 9:15 AM MT . The slide presentation for the event will be available under the Investor
FORT WORTH, Texas --(BUSINESS WIRE)--Aug. 2, 2012-- Approach Resources Inc. (NASDAQ: AREX) today reported results for second quarter 2012. Highlights for second quarter 2012 include: Production of 702 MBoe (7.7 MBoe/d), an increase of 16% over second quarter 2011 and 7% over first quarter 2012 Net
FORT WORTH, Texas --(BUSINESS WIRE)--Jul. 27, 2012-- Approach Resources Inc. (NASDAQ: AREX) today announced preliminary production, commodity price realizations and capital expenditures for second quarter 2012 and provided a mid-year 2012 reserves update.
FORT WORTH, Texas --(BUSINESS WIRE)--Jul. 19, 2012-- Approach Resources Inc . (NASDAQ: AREX) will host a conference call on Friday, August 3, 2012 , at 10:00 a.m. Central Time ( 11:00 a.m. Eastern Time ) to discuss second quarter 2012 financial and operating results.
FORT WORTH, Texas --(BUSINESS WIRE)--Jun. 25, 2012-- Approach Resources Inc. (NASDAQ: AREX) today announced that Ernst & Young LLP has named Approach's President and Chief Executive Officer, J. Ross Craft , a regional winner for the Ernst & Young Entrepreneur Of The Year® award for the
FORT WORTH, Texas --(BUSINESS WIRE)--Jun. 21, 2012-- Approach Resources Inc. (NASDAQ: AREX) today announced that the Company will participate in the Global Hunter Securities Energy Conference in San Francisco , on Monday, June 25, 2012 , at 12:30 p.m. PT .
FORT WORTH, Texas --(BUSINESS WIRE)--May. 14, 2012-- Approach Resources Inc. (NASDAQ: AREX) today announced that Qingming Yang , the Company's Executive Vice President - Business Development and Geosciences, will present at Hart Energy's Developing Unconventional Oil Conference on Wednesday, May
FORT WORTH, Texas --(BUSINESS WIRE)--May. 3, 2012-- Approach Resources Inc. (NASDAQ: AREX) today reported results for first quarter 2012. Highlights for first quarter 2012, compared to first quarter 2011, include: Total production increased 39% to 654 MBoe (7.2 MBoe/d), made up of 62% oil and NGLs
Estimated Production Increases 39% to 7.2 MBoe/d Oil & NGL Production Increases 110% to 405 MBbls Borrowing Base Increases to $270 Million FORT WORTH, Texas, Apr 27, 2012 (BUSINESS WIRE) --Approach Resources Inc. (NASDAQ: AREX) today announced preliminary production, commodity price
FORT WORTH, Texas, Apr 20, 2012 (BUSINESS WIRE) --Approach Resources Inc. (NASDAQ: AREX) today announced that the 2011 annual report is now available under the Investor Relations section of the Company's website at www.approachresources.com . The digital version, like the print edition, focuses on
FORT WORTH, Texas --(BUSINESS WIRE)--Mar. 21, 2012-- Approach Resources Inc. (NASDAQ: AREX) will participate at Howard Weil's 40 th Annual Energy Conference on Thursday, March 29, 2012 at 8:55 AM CT . The presentation for the event will be available under the Investor Relations section of the
FORT WORTH, Texas --(BUSINESS WIRE)--Mar. 8, 2012-- Approach Resources Inc. (NASDAQ: AREX) today reported results for fourth quarter and full year 2011. Highlights for 2011, compared to 2010, include: Total production increased 50% to 2.3 MMBoe (6.4 MBoe/d), made up of 55% oil and NGLs Oil and NGL
FORT WORTH, Texas --(BUSINESS WIRE)--Jan. 3, 2012-- Approach Resources Inc. (NASDAQ: AREX) today announced that the Company will participate in the BMO Capital Markets 9 th Annual Unconventional Resource Conference in New York, New York , on Tuesday, January 10, 2012 , at 1:45 PM ET .
FORT WORTH, Texas --(BUSINESS WIRE)--Nov. 22, 2011-- Approach Resources Inc. (NASDAQ: AREX) today announced that the Company will participate in the J.P. Morgan 10 th Annual SMid Cap Conference in New York, New York , on Thursday, December 1, 2011 , at 11:00 AM ET , and the Capital One Southcoast 6
FORT WORTH, Texas, Nov 16, 2011 (BUSINESS WIRE) -- Approach Resources Inc. (NASDAQ: AREX) today announced that the underwriters of its previously-announced common stock offering have exercised in full their option to purchase an additional 600,000 shares of the Company's common stock at a public
FORT WORTH, Texas, Nov 15, 2011 (BUSINESS WIRE) -- Approach Resources Inc. (NASDAQ: AREX) today announced that it has priced its previously-announced underwritten public offering of 4,000,000 shares of common stock at a price to the public of $28.00 per share.
FORT WORTH, Texas --(BUSINESS WIRE)--Nov. 14, 2011-- Approach Resources Inc. (NASDAQ: AREX) today announced that it intends, subject to market conditions, to offer 4,000,000 shares of its common stock in an underwritten public offering. The offering is being made pursuant to an effective shelf
2012 Capital Budget Set at $160 Million, Targeting 20%+ Production Growth in 2012 Borrowing Base Increases to $260 Million Horizontal Wolfcamp Wells IP at 1,044 Boe/d -798 Boe/d Vertical Wolffork Recompletions Average 152 Boe/d IP Vertical Wolffork Wells Average 140 Boe/d IP FORT WORTH, Texas, Nov
FORT WORTH, Texas, Oct 21, 2011 (BUSINESS WIRE) -- Approach Resources Inc. (NASDAQ: AREX) will host a conference call on Thursday, November 3, 2011, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) to discuss third quarter 2011 financial and operating results.
FORT WORTH, Texas, Oct 04, 2011 (BUSINESS WIRE) -- Approach Resources Inc. (NASDAQ: AREX) today announced that the Company will participate in the 5 th Annual Canaccord Genuity Global Energy Conference in Miami Beach, Florida, on Thursday, October 13, 2011, at 11:20 AM ET.
FORT WORTH, Texas, Sep 07, 2011 (BUSINESS WIRE) -- Approach Resources Inc. (NASDAQ: AREX) today announced that the Company will participate in Rodman & Renshaw's Annual Global Investment Conference in New York, New York, on Monday, September 12, 2011, at 4:30 PM ET.
FORT WORTH, Texas, Aug 08, 2011 (BUSINESS WIRE) -- Approach Resources Inc. (NASDAQ: AREX) today announced that the Company will participate in EnerCom, Inc.'s The Oil & Gas Conference(R) 16 in Denver, Colorado, on Wednesday, August 17, 2011, at 10:05 AM MT.
Total Production Up 63% to 608 MBoe Oil & NGL Production Increased Over 200% to 340 MBbls Proved Reserves Grew 32% to 66.8 MMBoe Oil and NGL Reserves Up 44% to 36.9 MMBbls University 45 A 701H Flows at an Initial Rate of 693 Boe/d FORT WORTH, Texas, Aug 02, 2011 (BUSINESS WIRE) -- Approach
FORT WORTH, Texas, Nov 11, 2010 (BUSINESS WIRE) -- Approach Resources Inc. (NASDAQ: AREX) today announced that the underwriters of its previously-announced common stock offering have exercised in full their option to purchase an additional 862,500 shares of the Company's common stock at a public
FORT WORTH, Texas, Nov 10, 2010 (BUSINESS WIRE) -- Approach Resources Inc. (NASDAQ: AREX) today announced that it has upsized and priced its previously-announced underwritten public offering of common stock. The size of the offering has been increased from the previously-announced 5,000,000 shares
$100 Million Budget to Develop Wolffork Oil Resource Play Production Guidance Increases 25% 53% Oil and NGLs FORT WORTH, Texas, Nov 08, 2010 (BUSINESS WIRE) -- Approach Resources Inc. (NASDAQ: AREX) today announced its 2011 capital budget and guidance.
FORT WORTH, Texas, Nov 08, 2010 (BUSINESS WIRE) -- Approach Resources Inc. (NASDAQ: AREX) today announced that it intends, subject to market conditions, to offer 5,000,000 shares of its common stock in an underwritten offering. The offering is being made pursuant to an effective shelf registration
FORT WORTH, Texas, Nov 01, 2010 (BUSINESS WIRE) -- Approach Resources Inc. (NASDAQ: AREX) today announced that it has acquired an additional 10% working interest in its Cinco Terry field in the Permian Basin from a non-operating partner. The purchase price was $21.5 million with an effective date
FORT WORTH, Texas, Oct 25, 2010 (BUSINESS WIRE) -- Approach Resources Inc. (NASDAQ: AREX) will host a conference call on Wednesday, November 3, 2010, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) to discuss third quarter 2010 financial and operating results.
FORT WORTH, Texas, Oct 18, 2010 (BUSINESS WIRE) -- Approach Resources Inc. (NASDAQ: AREX) today announced highlights from its investor and analyst meeting held on October 18, 2010, in New York City. Key highlights from the meeting include: A detailed, technical discussion of the Wolfcamp Shale,
FORT WORTH, Texas, Oct 05, 2010 (BUSINESS WIRE) -- Approach Resources Inc. (NASDAQ: AREX) will present at the Independent Petroleum Association of America's Oil & Gas Investment Symposium at The Palace Hotel in San Francisco, California, on Tuesday, October 12, 2010, at 8:00 a.m. PT.
FORT WORTH, Texas, Oct 04, 2010 (BUSINESS WIRE) -- Approach Resources Inc. (NASDAQ: AREX) will host an institutional investor and analyst meeting on Monday, October 18, 2010, beginning at 9:00 a.m. Eastern Time (8:00 a.m. Central Time) at the Four Seasons Hotel New York.
FORT WORTH, Texas, Apr 05, 2010 (BUSINESS WIRE) --Approach Resources Inc. (NASDAQ: AREX) announced that the Company will participate in the Independent Petroleum Association of America's Oil & Gas Investment Symposium at the Sheraton New York Hotel & Towers located at 811 7th Avenue at 53rd
FORT WORTH, Texas, Mar 03, 2010 (BUSINESS WIRE) -- Approach Resources Inc. (NASDAQ: AREX) will host a conference call on Wednesday, March 10, 2010 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) to discuss fourth quarter and full year 2009 financial and operating results.
FORT WORTH, Texas, Jan 15, 2010 (GlobeNewswire via COMTEX) -- Approach Resources Inc. (Nasdaq:AREX) today announced that it has filed a universal shelf registration statement on Form S-3 with the Securities and Exchange Commission. Upon effectiveness, the Company may, from time to time, offer and
FORT WORTH, Texas, Jan 6, 2010 (GlobeNewswire via COMTEX) -- Approach Resources Inc. (Nasdaq:AREX) today announced that the Pritchard Capital Partners "Energize 2010" Conference organizers have informed the Company that the Company's presentation time has moved from 2:50 p.m. PT to 3:15 p.m.
FORT WORTH, Texas, Dec 29, 2009 (GlobeNewswire via COMTEX) -- Approach Resources Inc. (Nasdaq:AREX) announced that the Company will participate in the Pritchard Capital Partners "Energize 2010" Conference at the Westin San Francisco Market Street located at 50 Third Street, San Francisco,
FORT WORTH, Texas , Nov. 10, 2009 (GLOBE NEWSWIRE) -- Approach Resources Inc. (Nasdaq:AREX) today announced that Glenn W. Reed , Vice President - Operations, will retire from the Company effective November 20, 2009 . J. Ross Craft , the Company's President and Chief Executive Officer, commented,
FORT WORTH, Texas , Nov. 3, 2009 (GLOBE NEWSWIRE) -- Approach Resources Inc. (Nasdaq:AREX) today reported third quarter 2009 financial and operating results. Highlights Highlights for the third quarter of 2009 (compared to third quarter of 2008) include: -- Production decreased 3.7% to 2.0 Bcfe
FORT WORTH, Texas , Nov. 3, 2009 (GLOBE NEWSWIRE) -- Approach Resources Inc. (Nasdaq:AREX) today provided an update regarding 2009 drilling activity and guidance and 2010 capital budget and guidance. 2009 Drilling Activity and Guidance Update The Company has resumed drilling and currently is
FORT WORTH, Texas , Oct. 27, 2009 (GLOBE NEWSWIRE) -- Approach Resources Inc. (Nasdaq:AREX) will host a conference call on Wednesday, November 4, 2009 at 10:00 a.m. Central Time ( 11:00 a.m. Eastern Time ) to discuss third quarter 2009 financial and operating results.
FORT WORTH, Texas , Sept. 24, 2009 (GLOBE NEWSWIRE) -- Approach Resources Inc. (Nasdaq:AREX) (the "Company") announced that the Company will participate in the IPAA Oil & Gas Investment Symposium at the San Francisco Palace Hotel located at 2 New Montgomery Street, San Francisco, California on
FORT WORTH, Texas , Sept. 4, 2009 (GLOBE NEWSWIRE) -- Approach Resources Inc. (Nasdaq:AREX) (the "Company") announced that the Company's President and Chief Executive Officer, Ross Craft , will present at the Rodman & Renshaw Annual Global Investment Conference at the New York Palace Hotel
FORT WORTH, Texas, Aug 4, 2009 (GlobeNewswire via COMTEX) -- Approach Resources Inc. (Nasdaq:AREX) today reported second quarter 2009 financial and operating results. Highlights Highlights for the second quarter of 2009 (compared to second quarter of 2008) include: * Production increased 12% to 2.3
FORT WORTH, Texas , July 27, 2009 (GLOBE NEWSWIRE) -- Approach Resources Inc. (Nasdaq:AREX) announced today that Qingming Yang will join the Company as Vice President - Exploration. Dr. Yang has over 24 years of domestic and international exploration, technical and operating experience in the oil
FORT WORTH, Texas, Jul 23, 2009 (GlobeNewswire via COMTEX) -- Approach Resources Inc. (Nasdaq:AREX) will host a conference call on Wednesday, August 5, 2009 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) to discuss second quarter 2009 financial and operating results.
FORT WORTH, Texas, May 5, 2009 (GlobeNewswire via COMTEX) -- Approach Resources Inc. (Nasdaq:AREX) today reported first quarter 2009 financial and operating results. Highlights Highlights for the first quarter of 2009 (compared to first quarter of 2008) include: * Production increased 28% to 2.5
FORT WORTH, Texas , April 30, 2009 (GLOBE NEWSWIRE) -- Approach Resources Inc. (Nasdaq:AREX) will host a conference call on Wednesday, May 6, 2009 at 10:00 a.m. Central Time ( 11:00 a.m. Eastern Time ) to discuss first quarter 2009 financial and operating results.
FORT WORTH, Texas, Apr 13, 2009 (GlobeNewswire via COMTEX) -- Approach Resources Inc. (Nasdaq:AREX) today announced that its bank group has reaffirmed the Company's $100 million borrowing base and the bank group's $100 million commitment amount under the Company's revolving credit facility.
FORT WORTH, Texas, Mar 10, 2009 (GlobeNewswire via COMTEX) -- Approach Resources Inc. (Nasdaq:AREX) today reported year end and fourth quarter 2008 financial and operating results. Highlights Highlights for the year ended December 31, 2008 (compared to 2007) include: -- Proved reserves increased
FORT WORTH, Texas, Mar 6, 2009 (GlobeNewswire via COMTEX) -- Approach Resources Inc. (Nasdaq:AREX) will host a conference call on Wednesday, March 11, 2009 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) to discuss its full year and fourth quarter 2008 financial and operating results.
Proved Reserves Increase 17% to 211.1 Bcfe FORT WORTH, Texas , March 2, 2009 (GLOBE NEWSWIRE) -- Approach Resources Inc. (Nasdaq:AREX) today reported its estimated proved reserves at December 31, 2008 and full year production for 2008. Reserve and production highlights for the year ended December
FORT WORTH, Texas , Feb. 12, 2009 (GLOBE NEWSWIRE) -- Approach Resources Inc. (Nasdaq:AREX) (the "Company") announced that the Company's President and CEO, Ross Craft , will present at IPAA's 2009 Oil & Gas Investment Symposium at 9:30 a.m. EST on Tuesday, February 17, 2009 , at the
FORT WORTH, Texas, Jan 9, 2009 (GlobeNewswire via COMTEX News Network) -- Approach Resources Inc. (Nasdaq:AREX) (the "Company") announced that the Company's President and CEO, Ross Craft, will present at Pritchard Capital Partners Energize 2009 Conference at 8:25 a.m.
FORT WORTH, Texas , Dec. 17, 2008 (GLOBE NEWSWIRE) -- Approach Resources Inc. (Nasdaq:AREX) (the "Company") today provided a fourth quarter and year end 2008 production outlook, 2009 capital expenditure budget and 2009 guidance. Fourth Quarter and Year End 2008 Production Outlook Production for the
FORT WORTH, Texas, Nov 5, 2008 (GlobeNewswire via COMTEX News Network) -- Approach Resources Inc. (Nasdaq:AREX) (the "Company") today reported its third quarter 2008 financial and operating results. Highlights Highlights from the third quarter 2008 (compared to the same period last year) include: *
FORT WORTH, Texas, Oct 31, 2008 (GlobeNewswire via COMTEX News Network) -- Approach Resources Inc. (Nasdaq:AREX) (the "Company") will host a conference call on Thursday, November 6, 2008 at 10:00 a.m. CST (11:00 a.m. EST) to discuss its third quarter 2008 financial and operating results.
Company Lowers 2008 Production Growth Forecast as a Result of Shut-Ins FORT WORTH, Texas, Sep 30, 2008 (GlobeNewswire via COMTEX News Network) -- Approach Resources Inc. (Nasdaq:AREX) (the "Company") today reported that the Company has resumed operations and production in Ozona Northeast, the
Downstream NGL Facility Shut Down Due to Hurricane Ike FORT WORTH, Texas, Sep 15, 2008 (GlobeNewswire via COMTEX News Network) -- Approach Resources Inc. (Nasdaq:AREX) (the "Company") today reported that an estimated 17.3 million cubic feet equivalent per day ("MMcfe/d") of natural gas, net to the
FORT WORTH, Texas, Sep 2, 2008 (GlobeNewswire via COMTEX News Network) -- Approach Resources Inc. (Nasdaq:AREX) (the "Company") today reported that an estimated 54 million cubic feet equivalent ("MMcfe") of natural gas, net to the Company, was shut in from the Company's Ozona Northeast field over
FORT WORTH, Texas, Aug 8, 2008 (PrimeNewswire via COMTEX News Network) -- Approach Resources Inc. (Nasdaq:AREX) ("Approach" or the "Company") today announced that Yorktown Energy Partners V, L.P. ("Yorktown V") has advised the Company that Yorktown V distributed a total of 940,979 shares of
FORT WORTH, Texas, Aug 5, 2008 (PrimeNewswire via COMTEX News Network) -- Approach Resources Inc. (Nasdaq:AREX) (the "Company") today reported its second quarter 2008 financial and operating results. Highlights Highlights from the second quarter 2008 (compared to the same period last year) include:
FORT WORTH, Texas, Jul 31, 2008 (PrimeNewswire via COMTEX News Network) -- Approach Resources Inc. (Nasdaq:AREX) will host a conference call on Wednesday, August 6, 2008 at 10:00 a.m. CDT (11:00 a.m. EDT) to discuss its second quarter 2008 financial and operating results.
Albuquerque, NM - July 29, 2008 - As previously reported, on July 21, 2008, Governor Bill Richardson directed the New Mexico Energy, Minerals and Natural Resources Department's Oil Conservation Division (OCD) to propose new rules for oil and gas operations in Eastern Rio Arriba County.
Albuquerque, NM - July 23, 2008 - On July 21, 2008, Governor Bill Richardson directed the New Mexico Energy, Minerals and Natural Resources Department's Oil Conservation Division (OCD) to propose new rules for oil and gas operations in portions of Rio Arriba County. Approach Resources Inc.
FORT WORTH, Texas, Jul 15, 2008 (PrimeNewswire via COMTEX News Network) -- Approach Resources Inc. (Nasdaq:AREX) ("Approach" or the "Company") today announced that the operator and non-operating participants in the Company's British Columbia lease acquisition and drilling project have engaged
Acquisition will Include 75-Mile Gathering System FORT WORTH, Texas, Jul 1, 2008 (PrimeNewswire via COMTEX News Network) -- Approach Resources Inc. (Nasdaq:AREX) ("Approach" or the "Company") has acquired additional interests and properties in the Company's 41,176-acre Ozona Northeast field in
FORT WORTH, Texas, Jun 6, 2008 (PrimeNewswire via COMTEX News Network) -- Approach Resources Inc. (Nasdaq:AREX) ("Approach" or the "Company") today announced the promotion of Glenn W. Reed to Executive Vice President-Engineering and Operations and Ralph P.
FORT WORTH, Texas, May 28, 2008 (PrimeNewswire via COMTEX News Network) -- Approach Resources Inc. (Nasdaq:AREX) ("Approach" or the "Company") today announced that Yorktown Energy Partners V, L.P. ("Yorktown V") has advised the Company that Yorktown V distributed a total of 940,979 shares of
FORT WORTH, Texas, May 6, 2008 (PrimeNewswire via COMTEX News Network) -- Approach Resources Inc. (Nasdaq:AREX) today reported its first quarter 2008 financial and operating results. Highlights Highlights from the first quarter 2008 include: * Production increased 46% to 2.0 Bcfe, * Revenues
FORT WORTH, Texas, May 2, 2008 (PrimeNewswire via COMTEX News Network) -- Approach Resources Inc. (Nasdaq:AREX) will host a conference call on Wednesday, May 7, 2008 at 10:00 a.m. CDT (11:00 a.m. EDT) to discuss its first quarter 2008 financial and operating results.
FORT WORTH, Texas, Apr 24, 2008 (PrimeNewswire via COMTEX News Network) -- Approach Resources Inc. (Nasdaq:AREX) has acquired an additional 9,482 gross (4,899 net) acres of leasehold interests adjacent to the Company's Cinco Terry project in Crockett County, Texas.
FORT WORTH, Texas, Mar 28, 2008 (PrimeNewswire via COMTEX News Network) -- Approach Resources Inc. (Nasdaq:AREX) announced that it will present at IPAA's 2008 Oil & Gas Investment Symposium at 11:20 a.m. EDT on Monday, April 7, 2008, at the Sheraton New York Hotel & Towers.
Year End Proved Reserves Increase 71% to 180 Bcfe FORT WORTH, Texas, Mar 19, 2008 (PrimeNewswire via COMTEX News Network) -- Approach Resources Inc. (Nasdaq:AREX) today reported its fourth quarter and year end 2007 financial and operating results. Highlights from 2007 include: * Proved reserves of
FORT WORTH, Texas, Mar 13, 2008 (PrimeNewswire via COMTEX News Network) -- Approach Resources Inc. (Nasdaq:AREX) will host a conference call on Thursday, March 20, 2008 at 10:00 a.m. CDT (11:00 a.m. EDT) to discuss its fourth quarter and year end 2007 financial and operating results.
FORT WORTH, Texas, Feb 6, 2008 (PrimeNewswire via COMTEX News Network) -- Approach Resources Inc. (Nasdaq:AREX) announced that it will present at the IPAA Small Cap Oil & Gas Investment Symposium in Hollywood, Florida, at 1:30 p.m. EST on Thursday, February 14, 2008 at the Westin Diplomat Hotel.
FORT WORTH, Texas, Dec 12, 2007 (PrimeNewswire via COMTEX News Network) -- Approach Resources Inc. (Nasdaq:AREX) ("Approach" or the "Company") today reported its third quarter 2007 financial and operating results, 2008 capital budget and 2008 guidance.
FORT WORTH, Texas, Dec 7, 2007 (PrimeNewswire via COMTEX News Network) -- Approach Resources Inc. (Nasdaq:AREX) will host a conference call on Thursday, December 13, 2007, at 10:00 a.m. CST (11:00 a.m. EST) to discuss its third quarter 2007 financial and operating results.
FORT WORTH, Texas, Nov 16, 2007 (PrimeNewswire via COMTEX News Network) -- Approach Resources Inc. (Nasdaq:AREX) has closed the previously announced initial public offering of the company's common stock and the sale of shares pursuant to the full exercise of the underwriters' over-allotment option.
FORT WORTH, Texas, Nov 8, 2007 (PrimeNewswire via COMTEX News Network) -- Approach Resources Inc. (Nasdaq:AREX) today announced the pricing of its initial public offering of 7,666,667 shares of its common stock at $12.00 per share. The shares are listed on the NASDAQ Global Market under the symbol
