Rex Energy files for 8 million share offering

Mon Apr 7, 2008 5:02pm EDT
 
[-] Text [+]

WASHINGTON, April 7 (Reuters) - Rex Energy Corp (REXX.O) on Monday filed with the U.S. Securities and Exchange Commission for an offering of 8 million shares.

The company said it plans to sell 4 million shares and stockholders will sell an additional 4 million shares.

Rex Energy will use its share of the net proceeds for its capital expenditure program and for other corporate purposes. (Reporting by Karey Wutkowski; editing by Carol Bishopric)

 
Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better