approach2011.com

Approach Resources Interactive Annual Report 2011

Operating in the Permian Basin. Approach resources is pushing the boundaries. Through innovative thinking, detailed technical studies, horizontal drilling and multi-stage completions, we believe we have uncovered great potential in the Southern Midland Basin Wolfcamp. We are helping to shift the paradigm for oil production in this area. 2011 was a successful year and we continue to focus on creating stockholder value well into the future. Learn About the Wolfcamp Oil Shale Resource Play.

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Approach Resources Interactive Annual Report 2011 | approach2011.com Reviews

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Operating in the Permian Basin. Approach resources is pushing the boundaries. Through innovative thinking, detailed technical studies, horizontal drilling and multi-stage completions, we believe we have uncovered great potential in the Southern Midland Basin Wolfcamp. We are helping to shift the paradigm for oil production in this area. 2011 was a successful year and we continue to focus on creating stockholder value well into the future. Learn About the Wolfcamp Oil Shale Resource Play.

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1 approach resources inc

2 download pdf

3 share

4 pushing the

5 boundaries

6 collapse

7 pushing the boundaries

8 the wolfcamp

9 letter to shareholders

10 our highlights

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Approach Resources Interactive Annual Report 2011 | approach2011.com Reviews

https://approach2011.com

Operating in the Permian Basin. Approach resources is pushing the boundaries. Through innovative thinking, detailed technical studies, horizontal drilling and multi-stage completions, we believe we have uncovered great potential in the Southern Midland Basin Wolfcamp. We are helping to shift the paradigm for oil production in this area. 2011 was a successful year and we continue to focus on creating stockholder value well into the future. Learn About the Wolfcamp Oil Shale Resource Play.

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approach2011.com

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Approach Resources Interactive Annual Report 2011

http://www.approach2011.com/wolfcamp.php

Wolfcamp Oil Shale Resource Play. We announced our geological and engineering assessment of the Wolfcamp oil shale resource play in October 2010, and by year-end 2011, the Wolfcamp has become the main driver for our liquids-weighted production and reserves growth. J ROSS CRAFT, P.E. Director, President and. High total organic content indicates significant hydrocarbon generating potential. Thermal maturity suggests peak oil to early wet gas window. Shale rock properties indicate large storage capacity.

2

Approach Resources Interactive Annual Report 2011

http://www.approach2011.com/index.php

Operating in the Permian Basin. Approach resources is pushing the boundaries. Through innovative thinking, detailed technical studies, horizontal drilling and multi-stage completions, we believe we have uncovered great potential in the Southern Midland Basin Wolfcamp. We are helping to shift the paradigm for oil production in this area. 2011 was a successful year and we continue to focus on creating stockholder value well into the future. Learn About the Wolfcamp Oil Shale Resource Play.

3

Approach Resources Interactive Annual Report 2011

http://www.approach2011.com/highlights.php

2011 Arex Permian Highlights. Financial and Operating Data. In thousands, except per-share and per-unit amounts). Total oil, NGL and gas sales. Realized gain on commodity derivatives. Total oil, NGL and gas sales including derivative impact. Realized gain on commodity derivatives (per Boe). Total including derivative impact (per Boe). Costs and Expenses (per Boe). Severance and production taxes. Depletion, depreciation and amortization. Earnings (loss) per diluted share. EBITDAX per diluted share.

4

Approach Resources Interactive Annual Report 2011

http://www.approach2011.com/data.php

BRYAN H. LAWRENCE. Chairman of the Board of Directors. President, Chief Executive Officer. ALAN D. BELL (1). Director, Audit Committee Chairman. JAMES H. BRANDI (1)(2). Director, Compensation and. JAMES C. CRAIN (1)(2). SHELDON B. LUBAR (2). CHRISTOPHER J. WHYTE (1). 1) Member of the Audit Committee. 2) Member of the Compensation and Nominating Committee. President, Chief Executive Officer. Executive Vice President,. Business Development and Geosciences. STEVEN P. SMART. Executive Vice President and.

5

Approach Resources Interactive Annual Report 2011

http://www.approach2011.com/letter.php

President, Chief Executive Officer and Director. Executive Vice President, Business Development and Geosciences. Dear Fellow Shareholders,. Thinking outside the box led our team to uncover a great opportunity in the Wolfcamp. A prolific oil shale resource play, the Wolfcamp is our primary driver for growth in production, reserves and stockholder value. During 2011, we increased proved reserves 52% and grew proved oil and NGL reserves 84%. J ROSS CRAFT, P.E. Director, President and.

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Approach Resources - Investors - Financial Reporting - Annual Reports

http://ir.approachresources.com/investors/financial-reporting/annual-reports/default.aspx

Files on this page are PDF. Download Acrobat Reader. 2015 Annual Report to Stockholders (PDF 591 KB. 2014 Annual Report to Stockholders (PDF 1.11 MB. 2013 Annual Report to Stockholders (PDF 4.38 MB. 2013 Interactive Annual Report. 2012 Annual Report to Stockholders (PDF 10.90 MB. 2012 Interactive Annual Report. 2011 Annual Report to Stockholders (PDF 1.63 MB. 2011 Interactive Annual Report. 2010 Annual Report to Stockholders (PDF 4.26 MB. 2009 Annual Report to Stockholders (PDF 1.40 MB.

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approach2011.com

Approach Resources Interactive Annual Report 2011

Operating in the Permian Basin. Approach resources is pushing the boundaries. Through innovative thinking, detailed technical studies, horizontal drilling and multi-stage completions, we believe we have uncovered great potential in the Southern Midland Basin Wolfcamp. We are helping to shift the paradigm for oil production in this area. 2011 was a successful year and we continue to focus on creating stockholder value well into the future. Learn About the Wolfcamp Oil Shale Resource Play.

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