Approach Resources Inc. Announces Total Proved Reserves of 50.7 MMBoe

Approach Resources Inc. AREX today reported year-end 2010 estimated proved reserves and 2010 production. Highlights for year-end 2010 estimated proved reserves include:

• Total proved reserves increased 39% to 50.7 MMBoe
• Oil and NGL proved reserves increased 204% to 25.7 MMBbls
• Total proved developed reserves increased 66% to 25.8 MMBoe
• PV-10 (non-GAAP) increased 153% to $325.8 million
• All-in finding and development cost of $5.70/Boe
• Year-end 2010 estimated proved reserves do not include potential from the Company's emerging Wolffork oil shale resource play or the recent acquisition of approximately 38% working interest in Cinco Terry