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Thursday, November 26, 2009, 6:16PM ET - U.S. Markets Closed for Thanksgiving Day. Dow Up 0.29% Nasdaq Up 0.32%
Approach Resources, Inc. (AREX)On Nov 25: 7.23  Up 0.24 (3.43%)  
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Approach Resources, Inc.
One Ridgmar Centre
6500 West Freeway Suite 800
Fort Worth, TX 76116
United States - Map
Phone: 817-989-9000
Fax: 817-989-9001
Web Site: http://www.approachresources.com

DETAILS 
Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Drilling & Exploration
Full Time Employees:36

BUSINESS SUMMARY 
Approach Resources Inc., an independent energy company, engages in the exploration, development, production, and acquisition of unconventional natural gas and oil properties in the United States and British Columbia. As of December 31, 2008, it owned working interests in 445 producing oil and gas wells, and had proved reserves of approximately 211.1 billion cubic feet of natural gas equivalent. The company was founded in 2002 and is based in Fort Worth, Texas.
Key Statistics

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    CORPORATE GOVERNANCE 
    Approach Resources, Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 19.2% of Russell 3000 companies and 24.4% of Energy companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. J. Ross Craft , 52
    Chief Exec. Officer, Pres
    $ 628.00KN/A
    Mr. Steven P. Smart , 54
    Chief Financial Officer, Principal Accounting Officer, Exec. VP and Treasurer
    $ 442.00KN/A
    Mr. Ralph P. Manoushagian , 58
    Exec. VP of Land
    $ 291.00KN/A
    Mr. J. Curtis Henderson , 46
    Exec. VP, Gen. Counsel and Sec.
    $ 440.00KN/A
    Dr. Qingming Yang ,
    VP of Exploration
    N/A N/A
    Dollar amounts are as of 31-Dec-08 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.
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