Profile: Rex Energy Corp (REXX.O)
23 Jan 2017
Rex Energy Corporation, incorporated on March 8, 2007, is an independent oil, natural gas liquid (NGL) and natural gas company. The Company has operations in the Appalachian Basin and Illinois Basin. In the Appalachian Basin, the Company is focused on its Marcellus Shale, Utica Shale and Upper Devonian (Burkett) Shale drilling and exploration activities. In the Illinois Basin, the Company is focused on its developmental oil drilling on its properties.
The Company owns an interest in approximately 1,820 oil and natural gas wells. The Company produces an average of over 195.8 net millions of cubic feet equivalent (MMcfe) per day, composed of approximately 62.4% natural gas, over 9.5% oil and approximately 28.1% NGLs. In the Illinois Basin, the Company produces an average of approximately 1,998 barrels of oil per day (bopd). Including both developed and undeveloped acreage, the Company controls approximately 99,200 gross (over 79,700 net) acres in Illinois, Indiana and Kentucky. In the Appalachian Basin, the Company produces an average of approximately 183.8 MMcfe per day of natural gas, NGLs and condensate. Including both developed and undeveloped acreage, the Company controls approximately 319,300 gross (over 267,000 net) acres in Pennsylvania and over 275,200 gross (approximately 250,800 net) acres in Pennsylvania. The Company also controls approximately 332,000 gross (over 296,200 net) acres, which include both developed and undeveloped acreage, in Pennsylvania and Ohio.
Rex Energy Corp
366 Walker Dr
STATE COLLEGE PA 16801-7085
Company Web Links
- BRIEF-Rex Energy announces Q4 and FY production and provides operational update
- BRIEF-Rex Energy as of Jan. 11, 2017, entered into twelfth amendment to amended, restated credit agreement dated as of March 27, 2013
- BRIEF-Rex Energy announces two-year operational plan
- BRIEF-Rex Energy announces re-affirmed borrowing base of $190 mln
- BRIEF-Rex Energy provides operational update