Seeking Alpha

Approach Resources Inc. (AREX)

  • Oct. 18, 2012, 12:32 PM
    Natural gas prices likely will remain range-bound at $3-$4/MMbtu until there's a structural change on the demand side, Oppenheimer's Daniel Katzenberg says. But that doesn't mean the sector will be boring, as he anticipates M&A activity will pick up, expecting attention in Bakken and Permian names such as WLL, KOG, AREX and PXD.
    | Oct. 18, 2012, 12:32 PM | 2 Comments
Company Description
Approach Resources Inc is an independent energy company. It is engaged in the exploration, development, production and acquisition of unconventional oil and gas reserves in the Midland Basin of the greater Permian Basin in West Texas.