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Approach’s President And CEO Named Regional Winner In Ernst & Young Entrepreneur Of The Year® Program

Approach Resources Inc. (NASDAQ: AREX) today announced that Ernst & Young LLP has named Approach’s President and Chief Executive Officer, J. Ross Craft, a regional winner for the Ernst & Young Entrepreneur Of The Year® award for the Southwest Area North region. Regional winners were selected by an independent judging panel made up of area business, academic and community leaders. Award winners were announced at a special gala event held Saturday, June 23, 2012, at the Hyatt Regency Dallas hotel in Dallas, Texas.

The Ernst & Young Entrepreneur Of The Year® award recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. The unique award encourages entrepreneurial activity and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur Of The Year® celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs.

J. Ross Craft was selected as a finalist from nearly 80 nominations by a panel of independent judges. As regional award winner, Mr. Craft is eligible for consideration for the Entrepreneur Of The Year National Award. Winners of the national awards will be announced at the annual awards gala in Palm Springs, California, on November 18, 2012. The awards are the culminating event of the Ernst & Young Strategic Growth Forum®, the nation’s most prestigious gathering of high-growth, market-leading companies, which will be held November 14 –18, 2012. Winners of the national competition will then move on to compete for the World Entrepreneur of the Year Award. The Ernst and Young recognition program has been in existence for 26 years and has expanded to include 50 countries on six continents.

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