Approach Resources Inc
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Energy : Oil, Gas & Consumable Fuels | Small Cap Value
Company profile

Approach Resources Inc. is an independent energy company. The Company is focused on the exploration, development, production and acquisition of unconventional oil and gas reserves in the Midland Basin of the greater Permian Basin in West Texas. The Company's business segment is the exploration and production of oil, natural gas liquids (NGLs) and natural gas. The Company's assets cover an area of approximately 126,000 net acres. Its proved reserves are approximately 166.6 million barrels of oil equivalent. The Company's proved reserves are primarily located in Crockett and Schleicher Counties, Texas. The Company's Permian Basin acreage is known as the Project Pangea. The Company owns and operates approximately 800 producing oil and gas wells in the Permian Basin. The Company, through a joint venture with EnCana Oil & Gas (USA) Inc., holds interests in the approximately 3,000 gross acre project in Limestone and Robertson Counties, Texas, in the East Texas Cotton Valley trend.

Price
Delayed
$0.02
Day's Change
0.0069 (53.20%)
Bid
--
Ask
--
B/A Size
--
Day's High
0.02
Day's Low
0.014
Volume
(Heavy Day)

Today's volume of 274,860 shares is on pace to be much greater than AREXQ's 10-day average volume of 89,631 shares.

274,860

Roku to acquire video-ad bidding software company Dataxu for $150 million

11:45 am ET October 22, 2019 (MarketWatch)
Print

Roku Inc. (ROKU) said Tuesday it will buy video-ad bidding company Dataxu for $150 million in cash and stock. Boston-based Dataxu makes software that lets marketers manage ad campaigns across digital platforms. Roku said it expects the deal to close in the fourth quarter and plans to provide more information on its third-quarter earnings call scheduled for Nov. 6. Roku shares were up less than 0.1% at $133.06 in recent trading, and are up 335% year to date.

-Wallace Witkowski; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

October 22, 2019 11:45 ET (15:45 GMT)

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