Schedule 13G

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. ___)*

Approach Resources Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
03834A103
(CUSIP Number)
January 21, 2011
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     þ Rule 13d-1(b)

     þ Rule 13d-1(c)

     o Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 
 

 

                     
CUSIP No.
  
03834A103 
  

 

           
1   NAMES OF REPORTING PERSONS

Luther King Capital Management Corporation
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   1,387,343
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   1,387,343
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,387,343
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  5.1%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IA, CO

Page 2 of 5

 

                     
CUSIP No.
  
03834A103 
  
     
Item 1(a)
  Name of Issuer
 
    
 
  Approach Resources Inc.
 
    
Item 1(b)
  Address of Issuer’s Principal Executive Offices
 
    
 
  One Ridgmar Centre
 
  6500 West Freeway, Suite 800
 
  Fort Worth, Texas 76116
 
    
Item 2(a)
  Name of Person Filing
 
    
 
  Luther King Capital Management Corporation
 
    
Item 2(b)
  Address of Principal Business Offices
 
    
 
  301 Commerce Street, Suite 1600
 
  Fort Worth, Texas 76102
 
    
Item 2(c)
  Citizenship
 
    
 
  Delaware
 
    
Item 2(d)
  Title of Class of Securities
 
    
 
  Common Stock
 
    
Item 2(e)
  CUSIP Number
 
    
 
  03834A103
 
    
Item 3
  Status of Person Filing
         
(a)
  o   Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
(b)
  o   Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c)
  o   Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
(d)
  o   Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e)
  þ   An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).
(f)
  o   An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F).
(g)
  o   A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).
(h)
  o   A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).
(i)
  o   A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3).
(j)
  o   Group, in accordance with §240.13d-1(b)(1)(ii)(J).

 

Page 3 of 5

 

                     
CUSIP No.
  
03834A103 
  
     
Item 4
  Ownership
     
(a)
  Amount beneficially owned: 1,387,343
 
    
(b)
  Percent of class: 5.1%
 
    
(c)
  Number of shares as to which the person has:
     
(i)
  Sole power to vote or to direct the vote: 1,387,343
(ii)
  Shared power to vote or to direct the vote: 0
(iii)
  Sole power to dispose or to direct the disposition of: 1,387,343
(iv)
  Shared power to dispose or to direct the disposition of: 0
     
Item 5
  Ownership of Five Percent or Less of a Class
 
    
 
  If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: o
 
    
Item 6
  Ownership of More than Five Percent on Behalf of Another Person
 
    
 
  Not applicable.
 
    
Item 7
  Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company
 
    
 
  Not applicable.
 
    
Item 8
  Identification and Classification of Members of the Group
 
    
 
  Not applicable.
 
    
Item 9
  Notice of Dissolution of Group
 
    
 
  Not applicable.
 
    
Item 10
  Certification
 
    
 
  By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities are were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

Page 4 of 5

 

                     
CUSIP No.
  
03834A103 
  
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
         
  Luther King Capital Management Corporation
 		  
  By:   /s/ J. Luther King, Jr.    
    J. Luther King, Jr.   
    President   
 
Dated: January 25, 2011

 

Page 5 of 5