AREX - Approach Resources, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Approach Resources, Inc.

One Ridgmar Centre
6500 West Freeway Suite 800
Fort Worth, TX 76116
United States
817-989-9000
http://www.approachresources.com

SectorEnergy
IndustryOil & Gas E&P
Full Time Employees97

Key Executives

NameTitlePayExercisedYear Born
Mr. J. Ross Craft P.E.Founder, Chairman & CEON/AN/A1957
Dr. Qingming YangPres & COON/AN/A1963
Mr. Sergei KrylovExec. VP& CFON/AN/A1977
Mr. J. Curtis HendersonChief Admin. Officer & Corp. Sec.N/AN/A1963
Mr. Ian M. ShawPrincipal Accounting OfficerN/AN/A1983
Amounts are as of December 31, 2016 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.

Description

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, 2017, its estimated proved reserves were 181.5 million barrels of oil equivalent located in Crockett and Schleicher counties, Texas. The company also owned and operated 813 producing oil and gas wells in the Permian Basin. Approach Resources, Inc. was incorporated in 2002 and is headquartered in Fort Worth, Texas.

Corporate Governance

Approach Resources, Inc.’s ISS Governance QualityScore as of September 1, 2018 is 7. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 8; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.