UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED):
November 28, 2007 (November 21, 2007)
APPROACH RESOURCES INC.
(Exact name of registrant as specified in its charter)
| | | |
| Delaware | | 51-0424817 |
| (State or other jurisdiction of incorporation or organization) | | (I.R.S. employer identification number) |
| | | |
| One Ridgmar Centre | | |
| 6500 W. Freeway, Suite 800 | | |
| Fort Worth, Texas | | 76116 |
| (Address of principal executive office) | | (Zip code) |
(817) 989-9000
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry into a Material Definitive Agreement.
On November 21, 2007, affiliates of Approach Resources Inc. (“Approach”) entered into a Gas Purchase Agreement (the “Agreement”) with WTG Benedum Joint Venture (“WTG”). Under the Agreement, WTG will purchase and Approach will sell natural gas produced from Approach’s “Cinco Terry” acreage in West Texas.
Item 9.01 Financial Statements and Exhibits.
(d)Exhibits.
| | | |
| Exhibit No. | | Description |
| 10.1 | | Gas Purchase Agreement dated as of November 21, 2007 between WTG Benedum Joint Venture, as Buyer, and Approach Oil & Gas Inc. and Approach Operating, LLC, as Seller |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | | | | |
| | Approach Resources Inc.
(Registrant)
| |
| | By: | /s/ J. Curtis Henderson | |
| | | J. Curtis Henderson | |
| | | Executive Vice President and General Counsel | |
| |
Dated: November 28, 2007
EXHIBIT INDEX
| | | |
| Exhibit No. | | Description |
| 10.1 | | Gas Purchase Agreement dated as of November 21, 2007 between WTG Benedum Joint Venture, as Buyer, and Approach Oil & Gas Inc. and Approach Operating, LLC, as Seller |
