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. “We are pleased with [...]
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 $26.4 million Drilled three horizontal wells and [...]
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 Thursday, May 4, 2017, after close of trading. The [...]
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 23rd Annual Oil & Gas Investment Symposia hosted by the Independent Petroleum Association of America in New York, New York on Tuesday, April 4 [...]
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 45th Annual Energy Conference on Wednesday, March 29, 2017, at 10:20 AM CT. Presentations from this conference are not being [...]
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 guidance Record low quarterly lease operating [...]
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, March 10, 2017, at 9:00 AM CT (10:00 AM ET) to [...]
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 of [...]
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. The appointment reflects Mr [...]
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 transaction (the “Exchange Transaction”) with Wilks Brothers, LLC and SDW Investments, LLC (collectively [...]
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 (“Common [...]
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 and there were no changes to the existing terms or conditions of the credit agreement. Under the terms [...]
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