Operator · Permian Basin
Approach Resources, Inc.
Acquired in September 2020 by Zarvona Energy LLC. The snapshot below reflects historical activity.
About
Exploration & Production
- WebsiteVisit →
- TickerNYSE
- AddressFort Worth Texas
- Phone817 989 9000
- Acquired byZarvona Energy LLC
- People on file3 contacts
Acquisition chain
Forward & backward M&A lineage
- Amistad Energy Partners LLC
- Approach Resources, Inc. (this company)
- Zarvona Energy LLC
Drilling activity
Recent rig presence by basin
Recent activity
Permian E&P Deal Collapses as Buyer Walks Away
Bankrupt Approach Resources Inc. is grappling with mounting pressure as Alpine Energy Acquisitions LLC looks to renig on its proposed $192.5 million acquisition of the company, according to...
Midland Basin Operator Files for Bankruptcy
Approach Resources Inc. has filed for bankruptcy. The process will explore strategic alternatives, including, without limitation, the restructuring of its balance sheet or the sale of its business...
Approach Resources Focuses on Strategic Alternatives in 2Q19
Approach Resources Inc. reported second quarter 2019 financial and operational results. Financial and operational results for second quarter 2019: Production of 875 MBoe or 9.6 MBoe/day Net loss...
Approach Resources Top Executives Resign in Major Managment Shuffle
Approach Resources Inc. reported a major shuffle of leadership at the company which will result in the departure of the CEO, COO and CAO. CEO Resigns; CFO Takes...
Approach's Output to Decline for Third Straight Year as D&C Ops Deferred
Approach Resources has detailed its 2019 capital plan. In its Q4 conference call, the company noted that it will be deferring D&C activity until commodity prices rebound: "Considering...
Latest news mentioning Approach Resources, Inc.
Deals
Filter: Permian Basin
Zarvona Energy has acquired the assets from banrkupt Approach Resources for $115.5 million. Judge Marvin Isgur of the U.S. Bankruptcy Court…
Approach announced a bolt-on acquisition of Midland Permian with its Q3 results. Approach entered into an agreement to acquire property in…
JP Energy Development LP announced the acquisition of Wildcat Permian Services LLC for $210 million from Approach Resources and its…
Approach Resources Inc.announced that it has acquired additional acreage in Crockett County, Texas, in the Permian Basin, that further…
Approach Resources Inc. has acquired the remaining 38 percent working interest in its Cinco Terry operating area in Crockett County from…
Permits
Filter: Permian Basin
No active permits in Permian Basin
Operations transferred to Zarvona Energy LLC. Live permits sit under the successor.
Assets
Filter: Permian Basin