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Approach Resources Inc Common Stock USD0.01

Sell:$0.035 Buy:$0.035 Change: $0.0035 (9.09%)
Market closed |  Prices as at close on 15 November 2019 | Switch to live prices |
Sell:$0.035
Buy:$0.035
Change: $0.0035 (9.09%)
Deal now Deal for just £11.95 per trade in a SIPP or Fund and Share Account
Market closed |  Prices as at close on 15 November 2019 | Switch to live prices |
Sell:$0.035
Buy:$0.035
Change: $0.0035 (9.09%)
Market closed |  Prices as at close on 15 November 2019 | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

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.

Contact details

Address:
One Ridgmar Centre
6500 West Freeway, Suite 800
FORT WORTH
76116
United States
Telephone:
+1 (0817) 9899000
Website:
www.approachresources.com

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

EPIC:
n/a
ISIN:
US03834A1034
Market cap:
$3.28 million
Shares in issue:
93.66 million
Sector:
Oil & Gas Exploration & Production
Exchange:
OTC Bulletin Board
Currency:
US dollar
Indices:
n/a

Key personnel

  • James Crain
    Chairman of the Board
  • Sergei Krylov
    President, Chief Executive Officer
  • Ian Shaw
    Executive Vice President – Finance and Accounting
  • Joshua Dazey
    Executive Vice President – Legal and Secretary
  • Troy Hoefer
    Executive Vice President - Operations
  • Janice Henderson
    Chief Administrative Officer, Corporate Secretary

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.

Share

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.