Approach Resources Inc. – Designates Alpine Energy Acquisitions (Controlled by a Sam Zell and Tom Barrack JV) as Stalking Horse ($192.5mn Cash Bid); Aims for March 4th Sale Hearing

February 3, 2020 – Further to the requirements of a January 9th bidding procedures order [Docket No. 184], the Debtors have notified the Court of its intention to designate Alpine Energy Acquisitions ($192.5mn bid) as a stalking horse bidder (“the Stalking Horse”) in respect of section 363 auction/sale process [Docket No. 243]. An executed copy…