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Latest Approach Resources Inc. Stories

2008-09-30 18:01:11

FORT WORTH, Texas, Sept. 30, 2008 (GLOBE NEWSWIRE) -- Approach Resources Inc. (Nasdaq:AREX) (the "Company") today reported that the Company has resumed operations and production in Ozona Northeast, the Company's largest producing natural gas field. As previously reported, an estimated 17.3 million cubic feet equivalent per day ("MMcfe/d"), net to the Company, was shut in from Ozona Northeast as of September 11, 2008, as a result of the impact of Hurricane Ike on downstream natural gas...

2008-09-15 21:00:25

FORT WORTH, Texas, Sept. 15, 2008 (GLOBE NEWSWIRE) -- 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 Company, was shut in from the Company's Ozona Northeast field as of September 11, 2008. The shut-in was caused when Chevron Phillips Chemical Company's natural gas liquids ("NGLs") and fractionation facility at the Sweeny complex, located approximately 65 miles southwest of...

2008-09-02 18:00:26

FORT WORTH, Texas, Sept. 2, 2008 (GLOBE NEWSWIRE) -- 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 the equivalent of approximately three calendar days from August 28 through August 31, 2008, due to a rupture in Energy Transfer's Oasis pipeline. The Oasis pipeline transports natural gas from the Permian Basin to the...

2008-08-05 18:00:36

FORT WORTH, Texas, Aug. 5, 2008 (PRIME NEWSWIRE) -- 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: * Production increased 63% to 2.0 Bcfe (22.4 MMcfe/d), * Revenues increased 149% to $24.1 million, * Net income decreased 69% to $0.9 million, or $0.04 per diluted share, * Excluding a pre-tax,...

2008-06-14 18:00:23

By STACI MATLOCK TIERRA AMARILLA Drilling: Rio Arriba filled with wells Some landowners and Rio Arriba County officials are worried about a Texas company's plans to drill exploratory oil wells in the water- rich mountains east of Tierra Amarilla. Approach Resources Inc., based in Fort Worth, Texas, has state permits to drill four wells in the Sangre de Cristo Mountains off N.M. 64 and has submitted applications for six more wells in the same area. John Sena, an Albuquerque resident...

2008-06-14 12:00:21

By Staci Matlock, The Santa Fe New Mexican Jun. 14--Some landowners and Rio Arriba County officials are worried about a Texas company's plans to drill exploratory oil wells in the water-rich mountains east of Tierra Amarilla. Approach Resources Inc., based in Fort Worth, Texas, has state permits to drill four wells in the Sangre de Cristo Mountains off N.M. 64 and has submitted applications for six more wells in the same area. John Sena, an Albuquerque resident who owns a ranch near...


Word of the Day
lambent
  • Licking.
  • Hence Running along or over a surface, as if in the act of licking; flowing over or along; lapping or bathing; softly bright; gleaming.
This word comes the Latin 'lambere,' to lick.
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