Monday, October 12, 2015

Approach Resources - Home

Approach Resources - Home



Here is a link to AREX, an oil company that is successfully operating in the Permian Basin of West Texas where they are producing low cost oil.  Approach Resources should be able to handle the ups and downs of volatile oil prices, and the stock price should increase significantly when we get back to $60 per barrel oil or higher.  The Saudis also need a higher oil price to sustain their economy.  I own AREX myself, and I plan to hang on to the stock.

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