Exhibit 5.1
Thompson & Knight LLP
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DIRECT DIAL:
EMAIL:
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ATTORNEYS AND COUNSELORS
1700 Pacific Avenue Suite 3300
DALLAS, TEXAS 75201-4693
(214) 969-1700
FAX (214) 969-1751
www.tklaw.com
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AUSTIN
DALLAS
FORT WORTH
HOUSTON
NEW YORK
ALGIERS
LONDON
MEXICO CITY
MONTERREY
PARIS
RIO DE JANEIRO
SãO PAULO
VITóRIA
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October 18, 2007
Approach Resources Inc.
One Ridgmar Centre
6500 W. Freeway
Suite 800
Fort Worth, Texas 76116
Ladies and Gentlemen:
We have acted as counsel for Approach Resources Inc., a Delaware corporation (the Company),
in connection with the proposed offer and sale (the Offering) by the Company and the selling
stockholders (the Selling Stockholders) pursuant to a prospectus forming a part of a Registration
Statement on Form S-1, as amended (the Registration Statement), originally filed with the
Securities and Exchange Commission on July 12, 2007 under the Securities Act of 1933, as amended
(the Securities Act). The Registration Statement relates to the sale of an aggregate of
7,666,667 shares (the Shares) of the Companys common stock, par value $.01 per share (the
Common Stock), together with up to 1,150,000 additional shares (the Additional Shares) of
Common Stock subject to the underwriters over-allotment option as described in the Registration
Statement.
In connection with the opinion expressed herein, we have examined the originals or copies,
certified or otherwise authenticated to our satisfaction, of the Registration Statement, the
Companys restated certificate of incorporation, the Companys restated bylaws, the records of
corporate proceedings that have occurred prior to the date hereof with respect to the Offering and
the form of underwriting agreement relating to the Shares in the form filed as an exhibit to the
Registration Statement and approved by the Board of Directors of the Company (the Underwriting
Agreement). We have also reviewed such questions of law as we have deemed necessary or
appropriate. As to matters of fact relevant to the opinion expressed herein, and as to factual
matters arising in connection with our examination of corporate documents, records and other
documents and writings, we relied upon certificates and other communications of corporate officers
of the Company, without further investigation as to the facts set forth therein.
We have assumed that (i) all information contained in all documents reviewed by us
is true, complete and correct, (ii) all signatures on all documents reviewed by us are genuine,
(iii) all documents submitted to us as originals are true and complete, (iv) all documents
submitted to us as copies are true and complete copies of the originals thereof, (v) each natural
person signing any document reviewed by us had the legal capacity to do so, (vi) each natural
person signing any document reviewed by us in a representative capacity had authority to sign in
such capacity,
October 18, 2007
Page 2
(vii) the Registration Statement, and any amendments thereto (including post-effective amendments),
will have become effective, and (viii) the Shares will be issued and sold in the manner described
in the Registration Statement and the prospectus relating thereto.
Subject to the foregoing and on the basis of the aforementioned examinations and
investigations, it is our opinion that, upon the sale of the Shares and Additional Shares in
accordance with the Underwriting Agreement, the Shares and any Additional Shares will be duly
authorized, validly issued, fully paid and nonassessable.
This opinion is limited in all respects to the Constitution of the State of Delaware and the
Delaware General Corporation Law, as interpreted by the courts of the State of Delaware and of the
United States.
We hereby consent to the statement with respect to us under the heading Legal Matters in the
prospectus forming a part of the Registration Statement and to the filing of this opinion as an
exhibit to the Registration Statement, but we do not thereby admit that we are within the class of
persons whose consent is required under the provisions of the Securities Act of 1933, as amended,
or the rules and regulations of the Securities and Exchange Commission issued thereunder.
Sincerely,
/s/ Thompson & Knight LLP
THOMPSON & KNIGHT LLP
WPW/JD