Item 7.01 Regulation FD Disclosure.
Exchange Offer
The
disclosure under Item 3.02 of this Current Report on Form 8-K is incorporated by reference.
2017 Guidance
The Company confirms that its 2017 capital budget and other guidance, as the Company announced in its press release dated March 9, 2017,
remains unchanged by the results of the Exchange Offer.
In accordance with General Instruction B.2 of Form
8-K,
the information in Item 7.01, shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or otherwise subject
to the liabilities of that section, nor shall it be deemed incorporated by reference into any registration statement or other filing under the Securities Act, except as otherwise expressly stated in such filing.
Forward-Looking Statements
This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the
Exchange Act. All statements, other than statements of historical facts, included in this communication that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are
forward-looking statements. Without limiting the generality of the foregoing, forward-looking statements contained in this communication specifically include expectations of anticipated financial and operating results. In addition, our 2017 capital
budget excludes acquisitions and lease extensions and renewals and is subject to change depending upon a number of factors, including prevailing and anticipated prices for oil, NGLs and natural gas, results of horizontal drilling and completions,
economic and industry conditions at the time of drilling, the availability of sufficient capital resources for drilling prospects, our financial results and the availability of lease extensions and renewals on reasonable terms. These forward-looking
statements are based on certain assumptions made by the Company based on managements experience, perception of historical trends and technical analyses, current conditions, anticipated future developments and other factors believed to be
appropriate and reasonable by management. When used in this communication, the words will, potential, believe, estimate, intend, expect, may, should,
anticipate, could, plan, predict, project, profile, model or their negatives, other similar expressions or the statements that include those words, are intended to
identify forward-looking statements, although not all forward-looking statements contain such identifying words. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company,
which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. Further information on such assumptions, risks and uncertainties is available in the Companys Securities and Exchange
Commission (SEC) filings. The Companys SEC filings are available on the Companys website at www.approachresources.com. Any forward-looking statement speaks only as of the date on which such statement is made and the Company
undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law.
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