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Approach Resources Inc.
Approach Resources Inc. Announces Distribution of Common Stock by Investor
FORT WORTH, Texas, Aug. 8, 2008 (PRIME NEWSWIRE) -- Approach Resources Inc. (Nasdaq:AREX) ("Approach" or the "Company") today announced that Yorktown Energy Partners V, L.P. ("Yorktown V") has advised the Company that Yorktown V distributed a total of 940,979 shares of Approach common stock to Yorktown V limited and general partners after the market closed on August 7, 2008. Following the distribution, Yorktown V, together with Yorktown Energy Partners VI, L.P. and Yorktown Energy Partners VII, L.P., will continue to hold 7,527,830 million shares of the Company's common stock, representing approximately 36% of the Company's outstanding shares.