PRESS RELEASES

STATE COLLEGE, Pa. , Jan. 30, 2015 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) today announced plans to release fourth quarter and full year 2014 financial and operational results on Wednesday, February 18, 2015 after market close. Management will host a live conference call and

STATE COLLEGE, Pa. , Jan. 28, 2015 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) today announced that Thomas Rajan has been appointed Chief Financial Officer of the company effective February 1, 2015 . Mr. Rajan brings almost 30 years of business and finance experience to his role at Rex

Proved developed reserves increased to 586.7 Bcfe, or 65%, over 2013 Drill-bit F&D in Butler Operated Area of $0.41 /mcfe, among the best in the Marcellus Shale Overall drill-bit F&D of $0.67 / mcfe Successfully replaced ~972% of production in 2014 SEC PV-10 of $1.2 billion , an increase of 80%

STATE COLLEGE, Pa. , Jan. 21, 2015 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) today announced that the Board of Directors of Rex Energy Corporation has declared a quarterly cash dividend of $150.00 per share on its 6.0% Series A convertible perpetual preferred stock.

Development drilling has commenced in Moraine East Area Placed into sales the six-well J. Hall pad at an average 24-hour sales rate of 2.4 Mboe/d with 64% liquids Achieved well cost reduction of ~ 5% in Butler Operated Area; additional 3% - 5% expected in mid-year 2015 Fourth quarter 2014 average

STATE COLLEGE, Pa. , Dec. 22, 2014 (GLOBE NEWSWIRE) -- Rex Energy Corporation ("Rex Energy") (Nasdaq:REXX) today announced its 2015 capital budget and production guidance and provided a financial update. 2015 Capital Budget and Production Guidance The company expects its 2015 operational capital

STATE COLLEGE, Pa. , Nov. 6, 2014 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) today announced that its Chief Financial Officer, Michael Hodges , has decided to resign from his position effective January 31, 2015 . There have been no disagreements with the Board of Directors or with

Record quarterly production of 169.7 MMcfe/d represents a 72% year-over-year increase over the third quarter of 2013 Improved well-level economics in the Butler Operated Area demonstrates continued operational success Placed the Reno 1H into sales at an average 5-day sales rate of 10.6 MMcfe/d, the

STATE COLLEGE, Pa. , Oct. 20, 2014 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) today announced that the Board of Directors of Rex Energy Corporation has declared a quarterly cash dividend of $145.00 per share on its 6.0% Series A convertible perpetual preferred stock, which is the

Third quarter production of 169.7 MMcfe/d exceeds high end of company guidance by 3%; represents a 32% sequential increase in average daily production over the second quarter of 2014 and 72% over the second quarter of 2013 Average daily production from oil, condensate and NGLs (including ethane)

STATE COLLEGE, Pa. , Sept. 15, 2014 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) today provided an update on its Appalachian Basin operations, third quarter 2014 production guidance and borrowing base under its senior secured credit facility.

STATE COLLEGE, Pa. , Sept. 9, 2014 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) today announced the closing of the previously announced Butler Operated Area acquisition from SWEPI, LP , an affiliate of Royal Dutch Shell plc ("Shell"). Total consideration paid was approximately $120

STATE COLLEGE, Pa. , Aug. 26, 2014 (GLOBE NEWSWIRE) -- Rex Energy (Nasdaq:REXX) today announced that it has signed agreements with MarkWest Energy Partners, L.P. (NYSE:MWE) ("MarkWest") that will expand the company's processing capacity in the Butler Operated Area.

STATE COLLEGE, Pa. , Aug. 13, 2014 (GLOBE NEWSWIRE) -- Rex Energy Corporation ("Rex Energy") (Nasdaq:REXX) today announced that it has priced its registered offering of 1.4 million depositary shares, each representing a 1/100 th interest in a share of 6.0% convertible perpetual preferred stock,

STATE COLLEGE, Pa. , Aug. 12, 2014 (GLOBE NEWSWIRE) -- Rex Energy Corporation ("Rex Energy") (Nasdaq:REXX) announced that it intends to offer, subject to market conditions, 1.25 million depositary shares, each representing a 1/100 th interest in a share of convertible perpetual preferred stock,

STATE COLLEGE, Pa. , Aug. 12, 2014 (GLOBE NEWSWIRE) -- Rex Energy Corporation ("Rex Energy") (Nasdaq:REXX) today announced the acquisition of approximately 208,000 gross (207,000 net) acres in the company's Butler Operated Area. Acquisition Rex Energy has entered into a definitive purchase

Record quarterly production of 128.8 MMcfe/d, represents a 50% year-over-year increase Average daily production from oil and NGLs reached a record level of 6.5 MBoe/d, a 5% increase over the first quarter of 2014 Year-to-date EBITDAX of $93.1 million , a 57% year-over-year increase Recently

Three-well Shipley pad produced at an average 5-day sales rate per well of 8.2 MMcfe/d, the highest average 5-day sales rate of any wells to date in the Butler Operated Area Production curtailments in the Butler Operated Area have been resolved; daily production has increased approximately 23% over

Estimated mid-year 2014 proved reserves reach 1,057.8 Bcfe, highest level in company's history PV-10 of approximately $1.0 billion represents a 56% increase over year-end 2013 PV-10 Increased acreage position in the Butler Operated Area by ~ 2,200 net acres since year-end 2013 Butler Operated Area

STATE COLLEGE, Pa. , July 14, 2014 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) announced today that it has priced an offering of $325 million aggregate principal amount of its 6.25% senior notes due 2022 (the "Senior Notes") at an issue price of 100% of the aggregate principal amount