Approach Resources Inc. (AREX) – A Natural Gas Reserves Drilling Company
Approach Resources Inc. (AREX) is an independent energy company headquartered in Fort Worth, Texas. Founded in September 2002, the company engages in the exploration, development, production and acquisition of unconventional natural gas and oil properties onshore in the United States and British Columbia. The focus of the company is to find and develop natural gas reserves in known tight gas sands and shale gas areas. By applying advanced drilling, fracturing and completion techniques, the company has successful found and exploited unconventional reservoirs. Growth for the company since its inception has come from the drilling operations in the company’s West Texas…