STATE COLLEGE, Pa., Sept. 09, 2015 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) (the “company”) announced that its bank group has reaffirmed the existing $350 million borrowing base under the company’s senior secured credit facility. Under the terms of the credit agreement, the bank group re-determines the borrowing base [...]
Production of 206.8 MMcfe/d, a 61% increase year-over-year Reduced well cost in Legacy Butler Operated Area to $5.5 million Cash G&A per Mcfe reduced by 44% year over year to $0.35 / Mcfe Completed sale of Keystone Clearwater Solutions in July 2015 for net proceeds of $67 million STATE COLLEGE, Pa., Aug. 04, 2015 (GLOBE NEWSWIRE) -- [...]
STATE COLLEGE, Pa., July 29, 2015 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) announced second quarter 2015 production volumes and price realizations. Production Results and Price Realizations Rex Energy’s second quarter 2015 production increased to 206.8 MMcfe/d, a 5% increase from first quarter 2015, and exceeded the high-end of the [...]
STATE COLLEGE, Pa., July 22, 2015 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) today announced plans to release second quarter 2015 financial and operational results on Tuesday, August 4, 2015 after market close. Management will host a live conference call and webcast on Wednesday, August 5, 2015 at 10 a.m. ET to review second quarter [...]
STATE COLLEGE, Pa., July 21, 2015 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) today announced that the Board of Directors of Rex Energy Corp. has declared a quarterly cash dividend of $150.00 per share on its 6.0% Series A convertible perpetual preferred stock. As a result, on August 15, 2015, a dividend of $1.50 per depository share, each [...]
STATE COLLEGE, Pa., July 13, 2015 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) announced that it has appointed Robert W. Ovitz as Chief Operating Officer of the company. Mr. Ovitz, who most recently served as the Senior Vice President, Operations for the company, assumes the COO role from Patrick M. McKinney, who has served as COO since May [...]
STATE COLLEGE, Pa., July 09, 2015 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) (the “Company”) announced today that it, together with its partners in Water Solutions Holdings, LLC (“Water Solutions”), has closed on the previously announced sale of Water Solutions to American Water Works Company, Inc. (“American [...]
Tested remaining wells on the four-well Renick pad in the Moraine East Area Placed into sales the two-well Harvey pad in the Legacy Butler Operated Area Commenced plans to drill and complete the first dry gas Utica well Western Lawrence STATE COLLEGE, Pa., July 08, 2015 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) (“the [...]
STATE COLLEGE, Pa., June 18, 2015 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) (“Rex Energy”) today announced that it, together with its partners in Water Solutions Holdings, LLC (“Water Solutions”), entered into a purchase and sale agreement with American Water Works Company, Inc. (“American Water&rdquo [...]
STATE COLLEGE, Pa., June 11, 2015 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) (the “Company”) today announced that it has completed its offer to exchange up to $325 million aggregate principal amount of its 6.250% Senior Notes due 2022, which have been registered under the Securities Act of 1933, as amended (the “Exchange [...]
STATE COLLEGE, Pa., June 11, 2015 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) (“the company”) today announced initial production test results from the company’s first two wells in the Moraine East Area, the Renick 2H (Marcellus) and the Renick 3H (Upper Devonian Burkett). As previously announced, the company finished [...]
STATE COLLEGE, Pa., May 26, 2015 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) is pleased to announce that Jack N. Aydin will join the company’s Board of Directors effective June 1, 2015. Mr. Aydin has over 45 years of experience as a financial analyst covering the oil and gas industry. He was a senior analyst with KeyBanc Capital [...]
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