FORT WORTH, Texas--(BUSINESS WIRE)--Jan. 24, 2014--
Approach Resources Inc.(NASDAQ: AREX) today announced that the
Company’s Board of Directors appointed Vean J. Gregg III as a new
director, effective January 23, 2014.
Mr. Gregg has 18 years of experience in oil and gas investment banking
with J.P. Morgan Securities LLC. While at J.P. Morgan, Mr. Gregg most
recently served as Managing Director and Group Head, North American Oil
and Gas Investment Banking. Mr. Gregg holds a Bachelor of Business
Administration degree from the University of Texas at Austin and a
Master of International Management degree from Thunderbird – The
American Graduate School of International Management.
J. Ross Craft, Approach’s President and Chief Executive Officer,
commented, “We are fortunate to add Vean as a member of our Board of
Directors. Vean is an exceptional leader with broad and deep oil and gas
experience from one of the world’s top financial institutions. We
believe that Approach and our shareholders will benefit significantly
from his experience and perspective.”
Approach Resources Inc. 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 149,000 net acres. For more information about the Company,
please visit www.approachresources.com.
Please note that the Company routinely posts important information about
the Company under the Investor Relations section of its website.
Source: Approach Resources Inc.
Approach Resources Inc.
Megan P. Hays, 817.989.9000
Investor Relations & Corporate Communications