STATE COLLEGE, Pa. , July 9, 2013 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) today announced 5-day sales rates from its first three Warrior South Prospect wells in the Ohio Utica. The Noble 1H, located in Noble County, Ohio , was placed into sales from its resting period at a five-day
STATE COLLEGE, Pa. , June 21, 2013 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) today announced the results of its recent Ohio Utica Shale wells and provided an update on its operations. Appalachian Basin — Warrior North Prospect, Carroll County, Ohio The G.
Average net daily production of 75.3 MMcfe/d exceeded high end of company guidance Recently completed Breakneck Beagle Club wells produced into sales at an average 5-day rate of 6.2 MMcfe/d (assuming full ethane recovery) Most recent "Super Rich" Marcellus well, the Wack 9H, produced 1,328 BTU gas
STATE COLLEGE, Pa. , April 23, 2013 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) announced today that it has priced an offering of an additional $100 million in aggregate principal amount of 8.875% senior notes due 2020 (the "Senior Notes") in a private offering.
STATE COLLEGE, Pa. , April 23, 2013 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) today announced first quarter 2013 production volumes of 75.3 MMcfe/d, consisting of 53.2 MMcf/d of natural gas and 3.7 Mboe/d of oil, condensate and NGLs, an increase of 24% over the first quarter of 2012
STATE COLLEGE, Pa. , April 23, 2013 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) announced today that it intends to offer an additional $100 million in aggregate principal amount of 8.875% senior notes due 2020 (the "Senior Notes") in a private placement, subject to market conditions.
STATE COLLEGE, Pa. , April 1, 2013 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) announced today that it has entered into an amended and restated credit agreement to expand its borrowing base under the company's senior secured credit facility from $240 million to $325 million .
STATE COLLEGE, Pa. , March 18, 2013 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) today announced initial results from its first three Warrior South Prospect wells in the Ohio Utica. The Guernsey 2H, located in Noble County, Ohio , tested at a peak 24-hour rate of 3,111 Boe/d (39% NGLs,
Reached 100,000 net acres in Appalachian Basin Second Upper Devonian Burkett well, Drushel 6-HD, produced into sales at a 5-day rate of 7.3 MMcfe/d (assuming full ethane recovery) Reached peak daily rate of 849 gross BOPD from Illinois conventional drilling program; exceeded goal of 400 gross BOPD
STATE COLLEGE, Pa. , Feb. 6, 2013 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) today announced plans to release fourth quarter and full year 2012 operational results on Tuesday, February 26, 2013 after market close. Management will host a live conference call on Wednesday, February 27,
STATE COLLEGE, Pa. , Dec. 7, 2012 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) announced today that it has priced an offering of $250 million aggregate principal amount of its 8.875% senior notes due 2020 (the "Senior Notes") at an issue price of 99.3% of the aggregate principal amount
STATE COLLEGE, Pa. , Dec. 6, 2012 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) announced today that it intends to re-launch its offering of $250 million in aggregate principal amount of senior notes due 2020 (the "Senior Notes") in a private placement, subject to market conditions.
STATE COLLEGE, Pa. , Nov. 30, 2012 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) today announced its upcoming conference schedule. Management will present at the Capital One Southcoast 7 th Annual Energy Conference in New Orleans on December 4, 2012 .
STATE COLLEGE, Pa. , Nov. 27, 2012 (GLOBE NEWSWIRE) -- Rex Energy (Nasdaq:REXX) announced today that due to current market conditions, it has decided not to proceed with its planned offering of $250 million in aggregate principal amount of senior notes, which it had previously announced on November
STATE COLLEGE, Pa. , Nov. 12, 2012 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) announced today that it intends to offer $250 million in aggregate principal amount of senior notes due 2020 (the "Senior Notes") in a private placement, subject to market conditions.
2012 proved reserves increased 67% (34% excluding ethane) over 2011 year-end proved reserves 2013 production growth expected to be 34% - 40% year-over-year Oil and condensate production in 2013 expected to increase approximately 55% over 2012 Liquids production in 2013 expected to grow by
Average daily production from oil and NGLs reached a record level of 3.0 MBoe/d Entered into Anchor/Shipper ethane transportation agreement with Enterprise Products Partners, L.P. Secured 20,000 acre goal in Warrior Prospect Completed drilling of three Warrior South wells First Ohio Utica Shale
STATE COLLEGE, Pa. , Oct. 23, 2012 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) today announced plans to release third quarter 2012 operational results on Tuesday, November 6, 2012 after market close. Management will host a live conference call on Wednesday, November 7, 2012 at 10 a.m.
STATE COLLEGE, Pa. , Sept. 26, 2012 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) today announced initial production results from its first Ohio Utica Shale well and provided an update on its operations. The Brace #1H, located in Carroll County, Ohio , was brought online to sales from
STATE COLLEGE, Pa. , Sept. 5, 2012 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) announced today that its bank group has unanimously voted to increase the company's borrowing base under the company's senior secured credit facility from $265 million to $290 million .