STATE COLLEGE, Pa., May 19, 2015 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) and Stonehenge Energy Resources II, L.P. announced that their respective affiliates, R.E. Gas Development, LLC (“Rex”) and Stonehenge Appalachia, LLC (“Stonehenge”) have entered into an agreement for Stonehenge to construct a natural gas [...]
STATE COLLEGE, Pa., May 07, 2015 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) today announced that it has commenced a registered exchange 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 [...]
Production of 196.2 MMcfe/d, a 61% increase year-over-year Cash G&A from continuing operations decreased by 11% from fourth quarter 2014 Liquids production of 11.4 Mboe/d, a 84% increase year-over-year Last 18 Marcellus, Upper Devonian Burkett and Ohio Utica wells completed with higher sand concentrations continue to meet or exceed respective type [...]
STATE COLLEGE, Pa., April 23, 2015 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) today announced plans to release first quarter 2015 financial and operational results on Tuesday, May 5, 2015 after market close. Management will host a live conference call and webcast on Wednesday, May 6, 2015 at 10 a.m. ET to review first quarter financial [...]
STATE COLLEGE, Pa., April 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 May 15, 2015, a dividend of $1.50 per depository share, each [...]
First quarter 2015 production of 196.0 MMcfe/d Monetization of water service subsidiary expected to close by end of second quarter 2015 Pursuing monetization or joint venture structure on operated Illinois Basin assets STATE COLLEGE, Pa., April 20, 2015 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) announced first quarter 2015 production and [...]
Joint venture agreement in Moraine East Area and Legacy Butler Operated Area Operating capital expenditures reduced by ~30% New senior secured leverage covenant of 3.0x with total leverage covenant removed STATE COLLEGE, Pa., March 31, 2015 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) ("the company") announced a new joint venture agreement [...]
Placed into sales the four-well Powell pad at an average 5-day sales rate per well of 9.3 MMcfe/d Completed drilling operations on four-well Renick pad in Moraine East Area STATE COLLEGE, Pa., March 16, 2015 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) provided an operational update on the company's Appalachian Basin operations [...]
Record annual average daily production of 154.4 MMcfe per day, an increase of 66% over 2013 Total proved reserves increased 57% to 1.3 Tcfe Drill-bit finding and development cost of $0.67/Mcfe Ended 2014 with approximately $420 million of liquidity STATE COLLEGE, Pa., Feb. 18, 2015 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) announced [...]
STATE COLLEGE, Pa., Jan. 30, 2015 (GLOBE NEWSWIRE) -- Rex Energy Corp. (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 webcast on Thursday, February 19, 2015 at 8 a.m. ET to review [...]
STATE COLLEGE, Pa., Jan. 28, 2015 (GLOBE NEWSWIRE) -- Rex Energy Corp. (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 Energy, with 20 years in oil and gas finance, credit, and [...]
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% over 2013 SEC PV-10 Successful confirmation of [...]
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