People: Rex Energy Corporation (REXX.O)

REXX.O on Consolidated Issue listed on NASDAQ Global Market

12.21USD
9 Feb 2010
Price Change (% chg)

$0.27 (+2.26%)
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$11.94
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$12.21
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$12.50
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$12.03
Volume
943,957
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999,756
52-wk High
$14.12
52-wk Low
$0.99

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Summary

Name Age Since Current Position
Shaner, Lance 55 2007 Chairman of the Board
Hulburt, Benjamin 35 2008 President, Chief Executive Officer, Director
Stabley, Thomas 38 2008 Chief Financial Officer, Executive Vice President
Hulburt, Christopher 38 2007 Executive Vice President, General Counsel, Secretary
Beattie, Timothy 47 2008 Senior Vice President, Appalachian Regional Manager
Butta, Mark 49 2008 Vice President - Oil and Natural Gas Marketing and Transportation
Pratt, David 56 2008 Vice President, Exploration Manager
Watson, James 43 2008 Vice President of Drilling—Appalachian Region
Clayton, Bryan 50 2008 Vice President,Illinois Basin District Manager
Ulincy, Bernard 55 2008 Vice President, Land Manager
Lombardi, John 43 2007 Director
Churay, Daniel 46 2007 Director
Higbee, John 66 2007 Director
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Biographies

Name Description
Shaner, Lance Lance T. Shaner has been Chairman and a Director of Rex Energy Corporation since March 2007. Mr. Shaner founded the wholly owned subsidiary, PennTex Resources, L.P., in 1996, and co-founded and served as an officer of all of the Rex Energy affiliated companies before the initial public offering in July 2007. From March 2004 to September 2006, Mr. Shaner served as the Chief Executive Officer and Chairman of the wholly owned subsidiary, Rex Energy Operating Corp. Since its inception in 1984, Mr. Shaner has served as Chairman and Chief Executive Officer of Shaner Hotels, a privately held hotel company. Mr. Shaner received his Bachelor of Arts degree in History from the University of Alfred.
Hulburt, Benjamin Benjamin W. Hulburt is President, Chief Executive Officer, Director of Rex Energy Corporation. He has been a director of Rex Energy Corp since March 2007. Mr. Hulburt was named Chief Executive Officer of the Company in March 2007 and assumed the duties of President of the Company in February 2008. Mr. Hulburt co-founded the first Rex Energy company in 2001 and has co-founded and has served as an officer of all of the Rex Energy affiliated companies since that time. Beginning in March 2004, Mr. Hulburt served as President of Rex Energy Operating Corp. and was named its Chief Executive Officer in October 2006. From January 2001 to February 2004, Mr. Hulburt served as Chief Financial Officer for Douglas Oil & Gas Limited Partnership. Before November 2000, Mr. Hulburt served on active duty as a commissioned officer in the United States Army for four years, leaving the service holding the rank of Captain. Mr. Hulburt received his Bachelor of Science degree in Finance from Pennsylvania State University.
Stabley, Thomas Thomas C. Stabley is Chief Financial Officer, Executive Vice President of Rex Energy Corporation. He was named the Chief Financial Officer of Rex Energy Corp in March 2007 and was appointed an Executive Vice President in February 2008. Before that, Mr. Stabley served as the Chief Financial Officer of Rex Operating since March 2004 and Vice President of Accounting for Shaner Hotels from January 1998 to March 2004. He received his Bachelor of Science degree in Accounting from the University of Pittsburgh.
Hulburt, Christopher Christopher K. Hulburt was named Executive Vice President, Secretary and General Counsel of Rex Energy Corporation in March 2007. Before that, Mr. Hulburt served as the Vice President, Secretary and General Counsel for each of the Predecessor Companies since April 2005. From January 2001 until April 2005, Mr. Hulburt was a senior associate for the law firm of Hodgson Russ LLP in its corporate and securities practice group. Before joining Hodgson Russ, he served as an officer in the U.S. Army’s Judge Advocate General’s Corps as a military prosecutor beginning in January 1997 and, in his last two years of service, also held the position of Special Assistant United States Attorney for the U.S. Department of Justice. He received his Bachelors degree in History/Education from Niagara University and his law degree from Western New England College School of Law.
Beattie, Timothy Timothy P. Beattie is Senior Vice President, Appalachian Regional Manager of Rex Energy Corporation since August 2008. Mr. Beattie will be responsible for all activities in the Appalachian Basin and will be located at Rex Energy's corporate headquarters in State College, Pennsylvania. Mr. Beattie has over 24 years experience in reservoir engineering and operations management with extensive knowledge of Reservoir Modeling and Project Management. Mr. Beattie comes to Rex Energy from Woodside Energy (USA), Inc. in Covington, Louisiana, where he served as Engineering & Operations Manager. His responsibilities were primarily focused on Exploration lease sale analysis, Development Project Planning, Business Unit Production forecasting and evaluation of Acquisitions and Divestitures. Prior to Woodside Energy (USA) Inc., Mr. Beattie worked for Dominion Exploration & Production as a Senior Staff Reservoir Engineer and he was also responsible for all regulatory matters necessary for Development Project approval. Prior to being employed by Dominion Exploration & Production and Woodside Energy (USA), Inc., Mr. Beattie worked for Shell International Exploration & Production, Inc. for over 21 years in New Orleans, Louisiana, where he held various positions in Reservoir Engineering. Mr. Beattie received his Bachelor of Science Degree in Chemical Engineering from The Pennsylvania State University, and a Bachelor of Science Degree (concentration in Math and Sciences) from the Shippensburg University of Pennsylvania.
Butta, Mark Mr. Mark A. Butta was named Vice President of Oil and Natural Gas Marketing and Transportation of Rex Enegy Corporation in July 2008. From November 2000 until July 2008, Mr. Butta served as Vice President of Business Development for Thermal Ventures II, L.P. in Youngstown, Ohio. From July 1995 to March 2000, Mr. Butta served as Director of Energy Services for Range Resources Corporation. From October 1991 until June 1995, Mr. Butta served as Director of Gas Marketing for North Coast Energy, Inc. Mr. Butta received his Bachelor of Science degree in Mechanical Engineering Technologies from Point Park University in Pittsburgh, Pennsylvania and advanced degrees in Mechanical Engineering Technology and Drafting and Design Engineering Technology from West Virginia University Institute of Technology.
Pratt, David David Pratt is Vice President, Exploration Manager of Rex Energy Corporation since April 2008. Mr. Pratt has over 30 years experience as a senior geologist working on projects located throughout the United States. His most recent private exploration and development experience includes almost nine years with Cabot Oil and Gas working in the Appalachian Basin. Specific work included the Oriskany, Knox, Onondaga and Trenton-Black River plays, as well as the Devonian Shale and Devonian/Carboniferous sandstone in Pennsylvania and West Virginia. He also gained substantial working knowledge in the Appalachian Front of Pennsylvania, West Virginia and Tennessee. Prior to his Cabot Oil and Gas work, Mr. Pratt gained extensive experience while employed with Texaco in West Texas; Sohio Petroleum in Colorado, Nevada and Utah; Ensource and Enstar in the western U.S.; and Ultramar in Texas and the Rocky Mountain areas. Mr. Pratt obtained his B.S. degree in Geology from the State University of New York (SUNY) at Albany, NY and earned an M.A. degree in Geology from Rice University in Houston.
Watson, James James F. Watson was named Vice President of Drilling-Appalachian Region of Rex Energy Corporation in May 2008. From June 2007 until May 2008, Mr. Watson served as Manager of Drilling for Appalachia Shale for Range Resources Corporation. From June 2000 until June 2007, Mr. Watson served as District Engineer and Manager of Drilling & Completion for Great Lakes Energy Partners, a subsidiary of Range Resources Corporation. During the period of September 1997 to June 2000, Mr. Watson served as Senior Technical Advisor and Operations Supervisor with Superior Well Services. From January 1997 to September 1997, Mr. Watson was employed by R.J. Lee Group, where he served as a Materials Scientist. From July 1994 to July 1996, Mr. Watson worked with Appalachian Well Services as a Safety and Hazardous Materials Training Coordinator. From May 1990 to January 1993, Mr. Watson served as Senior Equipment Operator for the Western Company of North America. Mr. Watson obtained his Bachelor of Arts degree in Geology from Slippery Rock University and also served as a non-commissioned officer in the United States Air Force.
Clayton, Bryan Mr. Clayton was named Vice President and Illinois Basin District Manager of Rex Energy Corporation in May 2008. From January 2008 until his promotion, Mr. Clayton served as the Company’s Illinois Basin Regional Reservoir Engineering Manager with the primary responsibility for managing the reservoir engineering aspects of the Company’s Alkali Surfactant Polymer (ASP) enhanced oil recovery project. From September 2002 until December 2007, Mr. Clayton served as a reservoir engineer and partner of Centurion Resources, LLC. From October 1998 until July 2002, Mr. Clayton served as a reservoir engineer and director for Brighton Acquisitions, LLC. Mr. Clayton received his Bachelor of Science degree in Petroleum Engineering from the University of Tulsa.
Ulincy, Bernard Mr. Bernard J. Ulincy has been appointed as Vice President, Land Manager of Rex Energy Corporation since November 2008. Mr. Ulincy is a veteran in lease acquisition and land management with almost 30 years of experience. He oversees all Rex Energy activities related to the company's mineral interests and other land-related assets and rights. Mr. Ulincy comes to Rex Energy from El Paso E & P Co. in Houston where he was the Senior Staff Landman. Prior to his El Paso assignment, Bernie worked at Southwestern Energy Company, where he served as Staff Landman and oversaw their Fayetteville shale prospects in Arkansas since 2006. Previous to that position, he worked for Fortuna Energy Inc., a subsidiary of Talisman Energy Inc., as Supervisor of Land Acquisition, managing the lease acquisition budget for their Trenton/Black River horizontal drilling efforts in the Appalachian Basin. Mr. Ulincy holds a bachelor's degree in Geography from East Stroudsburg State College and completed post-graduate work in Geography and Geology at Indiana State University.
Lombardi, John John A. Lombardi has been a Director of Rex Energy Corporation since April 2007. Since March 2008, Mr. Lombardi has been a principal at the accounting firm of Hill, Barth & King LLC in its Erie, Pennsylvania office. From February 2007 until March 2008, Mr. Lombardi was self-employed as an accounting and financial reporting consultant. Mr. Lombardi was the Senior Vice President and Chief Financial Officer for Rent-Way, Inc., a publicly traded furniture and electronics rent-to-own company, from December 2005 to February 2007 when the company was acquired by Rent-A-Center, Inc. He was Vice President, Corporate Controller and Chief Accounting Officer of Rent-Way, Inc. from April 2001 to December 2005. From August 1997 to April 2001, Mr. Lombardi served as the Chief Financial Officer and Treasurer at Community Rehab Centers, Inc. During 1996 and 1997, he served as Executive Vice President, Chief Financial Officer and Treasurer of Northstar Health Services, Inc. From 1986 to 1996, Mr. Lombardi worked in the audit, business advisory and specialty consulting services practices of Arthur Andersen LLP. Mr. Lombardi is a certified public accountant, a certified insolvency and reorganization accountant, and a certified fraud examiner. Mr. Lombardi holds a Bachelor of Science degree from Gannon University.
Churay, Daniel Daniel J. Churay has been a Director of Rex Energy Corporation since October 2007. Since 2002, Mr. Churay has served as the Executive Vice President, General Counsel and Secretary of YRC Worldwide Inc., a publicly traded, Fortune 500 company that is one of the largest transportation services providers in the world. In 2002, Mr. Churay was a Senior Counsel at the law firm of Fulbright & Jaworski L.L.P. From 1998 to 2002, Mr. Churay served as Deputy General Counsel and Assistant Secretary of Baker Hughes Incorporated, a publicly traded supplier of products and technology services and systems to the oil and natural gas industry. From 1995 to 1998, Mr. Churay served as Division Legal Counsel, and later as Chief Corporate Counsel, for Baker Hughes Incorporated. From 1989 to 1995, Mr. Churay was an associate attorney at the law firm of Fulbright & Jaworski L.L.P. Mr. Churay received a B.A. in Economics from The University of Texas at Austin and a Juris Doctorate from University of Houston Law Center.
Higbee, John John W. Higbee has been a Director of Rex Energy Corporation since October 2007. Mr. Higbee was a partner of Arthur Andersen LLP for over twenty years until his retirement in 2001. At Arthur Andersen, Mr. Higbee served in various management positions, including as the head of the Pittsburgh, Pennsylvania audit practice from 1982 until 1998. Since 2003, Mr. Higbee has served as an independent business consultant to several companies regarding public accounting matters, including Sarbanes-Oxley Act compliance. From September 2004 until August 2006, Mr. Higbee was the Vice President and Chief Financial Officer of the Fullington Auto Bus Company, a privately held company engaged in inter and intra city bus transportation. From April 2002 to August 2003, Mr. Higbee was Chief Financial Officer of Le-Nature’s, Inc., a privately held company engaged in the all-natural beverage business. From February 2004 until March 2006, Mr. Higbee was a director and Chairman of the Audit Committee of World Health Alternatives, Inc., a publicly traded company providing healthcare staffing services to hospitals and other healthcare facilities. From October 2001 to November 2006, Mr. Higbee was a director of Rent-Way, Inc., a publicly traded company that was engaged in the rental-purchase business. Mr. Higbee served on the Audit and Finance committees of Rent-Way’s board of directors, becoming the Chairman of the Audit Committee in December 2003. Mr. Higbee received a B.S. in Accounting from The Pennsylvania State University and is a certified public accountant.

Basic Compensation

Name Fiscal Year Total
Shaner, Lance 293,281
Hulburt, Benjamin 380,029
Stabley, Thomas 274,769
Hulburt, Christopher 278,092
Beattie, Timothy --
Butta, Mark --
Pratt, David --
Watson, James 454,475
Clayton, Bryan 370,566
Ulincy, Bernard --
Lombardi, John --
Churay, Daniel --
Higbee, John --
As Of 30 Dec 2008

Insider Trading

Name Shares Traded Price
HULBURT BENJAMIN WARD 100 $9.03
HULBURT BENJAMIN WARD 100 $9.00
HULBURT BENJAMIN WARD 101 $9.05
HULBURT BENJAMIN WARD 800 $9.02
HULBURT BENJAMIN WARD 1,099 $9.04
HULBURT BENJAMIN WARD 800 $9.01
OTTAVIANI WILLIAM LOUIS 19,500 $0.00
LOMBARDI JOHN A 2,000 $5.64
HULBURT CHRISTOPHER KENT 42,000 $0.00
BEATTIE TIMOTHY PAUL 15,200 $0.00
HULBURT BENJAMIN WARD 82,000 $0.00
CLAYTON BRYAN JAMES 9,500 $0.00
STABLEY THOMAS CHARLES 42,000 $0.00
OTTAVIANI WILLIAM LOUIS 19,500 $0.00
LOMBARDI JOHN A 5,000 $4.00
HIGBEE JOHN W 674 $4.63
HIGBEE JOHN W 13,526 $4.65
HIGBEE JOHN W 400 $4.56
HIGBEE JOHN W 400 $4.64
OTTAVIANI WILLIAM LOUIS 5,000 $4.57
SHANER LANCE T 450,654 $4.26
SHANER LANCE T 208,000 $0.00
SHANER LANCE T 44,000 $20.75
SHANER LANCE T 472,209 $20.75
HULBURT CHRISTOPHER KENT 125,000 $20.75
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