Approach Resources Inc. (AREX) - Oil & Gas - Deals and Alliances Profile

 Published On: Dec, 2016 |    No of Pages: 50 |  Published By: GlobalData | Format: PDF
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Summary

Approach Resources Inc. (Approach Resources) is an independent upstream oil and gas company. The company acquires oil and natural gas properties; and explores, develops and produces oil, natural gas and natural gas liquids (NGLs). It focuses on oil and gas reserves in oil shale and tight gas sands. Approach Resources has properties in the Midland Basin of the Permian Basin in West Texas. The company’s proved reserves are in Schleicher and Crockett Counties in Texas. Its drilling targets in Permian Basin comprise Clearfork, Wolfcamp Shale, Canyon Sands, Strawn and Ellenburger zones. Approach Resources is headquartered in Fort Worth, Texas, the US.

Approach Resources Inc. (AREX) - Oil & Gas - Deals and Alliances Profile provides you comprehensive data and trend analysis of the company's Mergers and Acquisitions (M&As), partnerships and financings. The report provides detailed information on Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnership transactions recorded by the company over a five year period. The report offers detailed comparative data on the number of deals and their value categorized into deal types, sub-sector and regions.

GlobalData derived the data presented in this report from proprietary in-house Oil & Gas eTrack deals database, and primary and secondary research.

Scope

- Financial Deals - Analysis of the company's financial deals including Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnerships.
- Deals by Year - Chart and table displaying information encompassing the number of deals and value reported by the company by year, for a five year period.
- Deals by Type - Chart and table depicting information including the number of deals and value reported by the company by type such as Mergers and Acquisitions, Equity/Debt Offering etc.
- Deals by Region - Chart and table presenting information on the number of deals and value reported by the company by region, which includes North America, Europe, Asia Pacific, the Middle East and Africa and South and Central America.
- Deals by Sub-sector - Chart and table showing information on the number of deals and value reported by the company, by sub-sector.
- Major Deals - Information on the company's major financial deals. Each such deal has a brief summary, deal type, deal rationale; and deal financials and target Company’s (major public companies) key financial metrics and ratios.
- Business Description - A brief description of the company's operations.
- Key Employees - A list of the key executives of the company.
- Important Locations and Subsidiaries - A list and contact details of key centers of operation and subsidiaries of the company.
- Key Competitors - A list of the key competitors of the company.
- Key Recent Developments - A brief on recent news about the company.

Reasons to Buy

Get detailed information on the company's financial deals that enable you to understand the company's expansion/divestiture and fund requirements
- The profile enables you to analyze the company's financial deals by region, by year, by business segments and by type, for a five year period.

Understand the company's business segments' expansion / divestiture strategy
- The profile presents deals from the company's core business segments' perspective to help you understand its corporate strategy.

Access elaborate information on the company's recent financial deals that enable you to understand the key deals which have shaped the company
- Detailed information on major recent deals includes a summary of each deal, deal type, deal rationale, deal financials and Target Company's key financial metrics and ratios.

Equip yourself with detailed information about the company’s operations to identify potential customers and suppliers.
- The profile analyzes the company's business structure, locations and subsidiaries, key executives and key competitors.

Stay up-to-date on the major developments affecting the company
- Recent developments concerning the company presented in the profile help you track important events.

Gain key insights into the company for academic or business research
- Key elements such as break up of deals into categories and information on detailed major deals are incorporated into the profile to assist your academic or business research needs.

Note*: Some sections may be missing if data is unavailable for the company.

Table of Contents
Table of Contents 2
List of Tables 4
List of Figures 5
Approach Resources Inc., Oil & Gas, Deals By Year, 2010 to YTD 2016 6
Approach Resources Inc., Oil & Gas Deals By Type, 2010 to YTD 2016 7
Approach Resources Inc., Oil & Gas, Deals By Region, 2010 to YTD 2016 8
Approach Resources Inc., Oil & Gas, Deals By Sector, 2010 to YTD 2016 9
Approach Resources Inc., Oil & Gas, Deals Summary, 2010 to YTD 2016 10
Approach Resources Inc., Oil & Gas, Deal Details 11
Asset Purchase 11
Approach Oil & Gas Acquires Remaining 38.33% Interest In Cinco Terry Operating Area, Texas For US$76 Million 11
Approach Resources Acquires 10,900 Net Acres In Wolffork Oil Shale Play, Texas 12
Approach Resources Acquires Additional 10% Interest In Cinco Terry Field, Permian Basin 13
Approach Resources Acquires 22,851 Net Acres In Crockett County, Texas 14
Equity Offering 15
Approach Resources Completes Public Offering Of Shares For US$152.5 Million 15
Approach Resources Completes Public Offering Of Shares For US$129 Million 17
Approach Resources Completes Private Placement For US$107.45 Million 19
Debt Offering 21
Approach Resources Completes Public Offering Of 7% Notes Due 2021 For US$250 Million 21
Acquisition 23
JP Energy Completes Acquisition Of Wildcat Permian Services From Wildcat Midstream And Approach Midstream For US$210 Million 23
Approach Resources Inc. - Key Competitors 25
Key Employees 26
Locations And Subsidiaries 27
Head Office 27
Other Locations & Subsidiaries 27
Recent Developments 28
Financial Announcements 28
Nov 02, 2016: Approach Resources Reports Third Quarter 2016 Results 28
Aug 03, 2016: Approach Resources Reports Second Quarter 2016 Results 30
May 04, 2016: Approach Resources Reports First Quarter 2016 Results 32
Mar 03, 2016: Approach Resources Reports Fourth Quarter And Full-Year 2015 Results And Provides 2016 Outlook 34
Nov 04, 2015: Approach Resources Reports Third Quarter 2015 Results 37
Aug 05, 2015: Approach Resources Reports Second Quarter 2015 Results 39
May 06, 2015: Approach Resources Reports First Quarter 2015 Results 41
Feb 25, 2015: Approach Resources Reports Fourth Quarter And Full-Year 2014 Results And Provides 2015 Outlook 43
Other Significant Developments 46
Nov 09, 2016: Approach Resources Announces Reaffirmation Of Borrowing Base Of $325 Million 46
Sep 25, 2015: Approach Resources Announces Reaffirmation Of Lender Commitments In Credit Facility At $450 Million 47
Feb 11, 2015: Approach Resources Announces Record Annual Production and Proved Reserves 48
Appendix 50
Methodology 50
About GlobalData 50
Contact Us 50
Disclaimer 50

List of Tables
Approach Resources Inc., Oil & Gas, Key Facts, 2015 1
Approach Resources Inc., Oil & Gas, Deals Summary, 2010 to YTD 2016 1
Approach Resources Inc., Oil & Gas, Deals By Year, 2010 to YTD 2016 6
Approach Resources Inc., Oil & Gas Deals By Type, 2010 to YTD 2016 7
Approach Resources Inc., Oil & Gas, Deals By Region, 2010 to YTD 2016 8
Approach Resources Inc., Deals By Sector, 2010 to YTD 2016 9
Approach Resources Inc., Oil & Gas, Deals Summary, 2010 to YTD 2016 10
Approach Oil & Gas Acquires Remaining 38.33% Interest In Cinco Terry Operating Area, Texas For US$76 Million 11
Approach Resources Acquires 10,900 Net Acres In Wolffork Oil Shale Play, Texas 12
Approach Resources Acquires Additional 10% Interest In Cinco Terry Field, Permian Basin 13
Approach Resources Acquires 22,851 Net Acres In Crockett County, Texas 14
Approach Resources Completes Public Offering Of Shares For US$152.5 Million 15
Approach Resources Completes Public Offering Of Shares For US$129 Million 17
Approach Resources Completes Private Placement For US$107.45 Million 19
Approach Resources Completes Public Offering Of 7% Notes Due 2021 For US$250 Million 21
JP Energy Completes Acquisition Of Wildcat Permian Services From Wildcat Midstream And Approach Midstream For US$210 Million 23
Approach Resources Inc., Key Competitors 25
Approach Resources Inc., Key Employees 26
Approach Resources Inc., Subsidiaries 27

List of Figures
Approach Resources Inc., Oil & Gas, Deals by Type, 2010 to YTD 2016 1
Approach Resources Inc., Oil & Gas, Deals By Year, 2010 to YTD 2016 1
Approach Resources Inc., Oil & Gas, Deals By Region, 2010 to YTD 2016 1
Approach Resources Inc., Oil & Gas, Deals By Sector, 2010 to YTD 2016 1
Approach Resources Inc., Oil & Gas, Deals By Year, 2010 to YTD 2016 6
Approach Resources Inc., Oil & Gas, Deals by Type, 2010 to YTD 2016 7
Approach Resources Inc., Oil & Gas, Deals By Region, 2010 to YTD 2016 8
Approach Resources Inc., Oil & Gas, Deals by Sector, 2010 to YTD 2016 9


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