APPROACH RESOURCES INC. (NASDAQ:AREX) Files An 8-K Regulation FD DisclosureItem 7.01
On March 28, 2017, Approach Resources Inc. (the “Company”) posted a new presentation titled “Scotia Howard Weil 45th Annual Energy Conference,” under the “Investors – Events and Presentations” section of the Company’s website, www.approachresources.com.
In accordance with General Instruction B.2 of Form 8-K, the information in Item 7.01, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any registration statement or other filing under the Securities Act of 1933, as amended except as otherwise expressly stated in such filing.
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About APPROACH RESOURCES INC. (NASDAQ:AREX)
Approach Resources Inc. is an independent energy company. The Company is focused on the exploration, development, production and acquisition of unconventional oil and gas reserves in the Midland Basin of the greater Permian Basin in West Texas. The Company’s business segment is the exploration and production of oil, natural gas liquids (NGLs) and natural gas. The Company’s assets cover an area of approximately 126,000 net acres. Its proved reserves are approximately 166.6 million barrels of oil equivalent. The Company’s proved reserves are primarily located in Crockett and Schleicher Counties, Texas. The Company’s Permian Basin acreage is known as the Project Pangea. The Company owns and operates approximately 800 producing oil and gas wells in the Permian Basin. The Company, through a joint venture with EnCana Oil & Gas (USA) Inc., holds interests in the approximately 3,000 gross acre project in Limestone and Robertson Counties, Texas, in the East Texas Cotton Valley trend. APPROACH RESOURCES INC. (NASDAQ:AREX) Recent Trading Information
APPROACH RESOURCES INC. (NASDAQ:AREX) closed its last trading session up +0.14 at 2.41 with 890,360 shares trading hands.
