Approach Resources: Approach Resources : Becomes Latest Energy Producer to Declare Bankruptcy

(marketscreener.com) By Jonathan Randles Approach Resources Inc. filed for bankruptcy Monday, the latest in a string of chapter 11 filings by financially distressed oil-and-gas drilling companies grappling with a decline in commodity prices. Fort Worth, Texas-based Approach said it will explore a restructuring of its balance sheet, a going-concern sale...http://www.marketscreener.com/APPROACH-RESOURCES-INC-66751/news/Approach-Resources-Becomes-Latest-Energy-Producer-to-Declare-Bankruptcy-29611042/?utm_medium=RSS&utm_content=20191119