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    Approach Resources, Inc. (AREX)

    2.93 Up 0.25(9.33%) Apr 29, 4:00PM EDT
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    Approach Resources, Inc.
    One Ridgmar Centre
    6500 West Freeway
    Fort Worth, TX 76116
    United States - Map
    Phone: 817-989-9000
    Fax: 817-989-9001
    Website: http://www.approachresources.com

    Index Membership:N/A
    Sector:Basic Materials
    Industry:Independent Oil & Gas
    Full Time Employees:142

    Business Summary 

    Approach Resources, Inc., an independent energy company, focuses on the acquisition, exploration, development, and production of unconventional oil and gas reserves in the United States. The company’s properties are primarily located in the Permian Basin in west Texas. It also owns interests in east Texas Basin. As of December 31, 2015, it had estimated proved reserves of approximately 166.6 million barrels of oil equivalent in Crockett and Schleicher counties, Texas; and owned and operated 803 producing oil and gas wells in the Permian Basin. Approach Resources, Inc. was incorporated in 2002 and is headquartered in Fort Worth, Texas.

    Key Statistics

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    Corporate Governance 
    Approach Resources, Inc.’s ISS Governance QuickScore as of May 1, 2016 is 9. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 8; Compensation: 10.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. J. Ross Craft P.E., 59
    Founder, Chairman, Chief Exec. Officer and Pres
    Mr. Sergei Krylov , 39
    Chief Financial Officer and Exec. VP
    Dr. Qingming Yang Ph.D., 53
    Chief Operating Officer
    Mr. J. Curtis Henderson , 53
    Chief Admin. Officer and Corp. Sec.
    Ms. Uma L. Datla ,
    Chief Accounting Officer
    Amounts are as of Dec 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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