J.P. MORGAN SECURITIES INC.
277 Park Avenue
New York, New York 10172
November 5, 2007
Via Facsimile and EDGAR Filing
United States Securities and Exchange Commission
Mail Stop 7010
100 F Street, N.E.
Washington, D.C. 20549
ATTN: Anne Nguyen Parker, Branch Chief
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Re:
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Approach Resources Inc. — Registration Statement on Form S-1 |
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(File No. 333-144512) |
Ladies and Gentlemen:
Pursuant to Rule 461 of the Rules and Regulations of the Securities and Exchange Commission
(the “Commission”) under the Securities Act of 1933, as amended (the “Securities
Act”), the undersigned, as Representative of the several Underwriters, hereby join in the
request of Approach Resources Inc. that the effective date of the above-referenced Registration
Statement be accelerated so that the Registration Statement, as then amended, will become effective
under the Securities Act at 2:00 p.m., Washington, D.C. time, on November 7, 2007 or as soon
thereafter as practicable.
Pursuant to Rule 460 of the Rules and Regulations of the Commission under the Securities Act
regarding the distribution of preliminary prospectuses, we hereby advise the Commission that the
distribution of the Preliminary Prospectus dated October 24, 2007 (the “Preliminary
Prospectus”) commenced October 25, 2007. Eight thousand, four hundred eleven (8,411) copies of
the Preliminary Prospectus were distributed to prospective underwriters, institutional investors,
dealers and others.
[Remainder of the page intentionally left blank]
In connection with the distribution of the Preliminary Prospectus for the above-mentioned
issue, the underwriters have confirmed that they have complied and will continue to comply with the
requirements of Rule 15c2-8 under the Securities Exchange Act of 1934, as amended.
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Very truly yours,
J.P. Morgan Securities Inc.
As the Representative of the
Several Underwriters |
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By: |
J.P. Morgan Securities Inc.
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By: |
/s/ John V. Bertone
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Name: |
John V. Bertone |
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Title: |
Vice President |
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APPROACH RESOURCES INC.
One Ridgmar Centre
6500 W. Freeway, Suite 800
Fort Worth, Texas 76116
November 5, 2007
Via EDGAR Transmission and Facsimile
Securities and Exchange Commission
100 F Street, N.W.
Washington, D.C. 20549
Attention: Ms. Anne Nguyen Parker, Branch Chief
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Re:
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Approach Resources Inc. |
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Form S-1 filed July 12, 2007, as amended September 13, 2007 |
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and October 18, 2007 |
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File No. 333-144512 |
Ladies and Gentlemen:
Pursuant to Rule 461 of the rules and regulations promulgated under the Securities Act of
1933, as amended, Approach Resources Inc. (the “Registrant”) hereby requests that the Securities
and Exchange Commission (the “Commission”) take appropriate action to accelerate the effectiveness
of the above-referenced Registration Statement on Form S-1 so that it becomes effective at 2:00
p.m., Eastern Time, on November 7, 2007, or as soon thereafter as practicable.
The Registrant acknowledges that:
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should the Commission or the staff, acting pursuant to delegated authority,
declare the filing effective, it does not foreclose the Commission from taking any
action with respect to the filing; |
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the action of the Commission or the staff, acting pursuant to delegated authority,
in declaring the filing effective, does not relieve the Registrant from its full
responsibility for the adequacy and accuracy of the disclosure in the filing; and |
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the Registrant may not assert the declaration of effectiveness as a defense in any
proceeding initiated by the Commission or any person under the federal securities
laws of the United States. |
Securities and Exchange Commission
November 5, 2007
Page 2
Please address any questions or comments with respect to this request to our counsel, Thompson
& Knight L.L.P., by contacting either Joe Dannenmaier (telephone: (214) 969-1393; facsimile: (214)
880-3135), Wes Williams (telephone: (214) 969-1324; facsimile: (214) 999-1567) or Jessica Hammons
(telephone: (214) 969-1349; facsimile (214) 999-1558).
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Very truly yours,
APPROACH RESOURCES INC.
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By: |
/s/ J. Ross Craft
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J. Ross Craft |
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President & Chief Executive Officer |
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