Current AREX Stock Info

Approach Resources Inc. (ticker: AREX) is an independent oil and gas company with core operations, production and reserves located in the Permian Basin in West Texas. The company targets multiple oil and liquids-rich formations in the Permian Basin, where the company operates approximately 152,000 net acres.

Approach announced on September 19, 2013 the definitive agreement to sell its interest in an oil pipeline system in the southern Midland Basin for $108 million before taxes. AREX’s total investment in the partnership was $16 million. The s...

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