We are an independent energy company engaged in the exploration, development, production and acquisition of unconventional natural gas and oil properties in the United States and British Columbia. We are focused on finding and developing natural gas reserves in known tight gas sands and shale gas areas. To date we have assembled leasehold interests totaling 300,334 gross (199,818 net) acres.

Our management and technical team has a proven track record of finding and exploiting unconventional reservoirs by applying advanced drilling, fracturing and completion techniques. As the operator of over 90% of our production and proved reserves, we have a high degree of control over capital expenditures and other operating matters.

Approach was founded in September 2002 to acquire and develop onshore natural gas and oil reserves. Since 2002, Approach has grown through the drill bit in our West Texas drilling program. At December 31, 2008, we owned working interests in 445 producing oil and gas wells and had estimated proved reserves of 211.1 Bcfe. We have identified 1,205 drilling locations, of which 660 are located in the Ozona Northeast field, 456 in our Cinco Terry project and 89 in our North Bald Prairie prospect.