Rex Energy Corp.

Development drilling has commenced in Moraine East Area Placed into sales the six-well J. Hall pad at an average 24-hour sales rate of 2.4 Mboe/d with 64% liquids Achieved well cost reduction of ~ 5% in Butler Operated Area; additional 3% - 5% expected in mid-year 2015 Fourth quarter 2014 average daily production reached a record level of 196.0 [...]

STATE COLLEGE, Pa., Dec. 22, 2014 (GLOBE NEWSWIRE) -- Rex Energy Corp. ("Rex Energy") (Nasdaq:REXX) today announced its 2015 capital budget and production guidance and provided a financial update. 2015 Capital Budget and Production Guidance The company expects its 2015 operational capital expenditures to be between $180 million and $220 million [...]

STATE COLLEGE, Pa., Nov. 6, 2014 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) today announced that its Chief Financial Officer, Michael Hodges, has decided to resign from his position effective January 31, 2015. There have been no disagreements with the Board of Directors or with executive management, and Michael's departure is not related to [...]

Record quarterly production of 169.7 MMcfe/d represents a 72% year-over-year increase over the third quarter of 2013 Improved well-level economics in the Butler Operated Area demonstrates continued operational success Placed the Reno 1H into sales at an average 5-day sales rate of 10.6 MMcfe/d, the highest rate on a per lateral foot basis of any [...]

Third quarter production of 169.7 MMcfe/d exceeds high end of company guidance by 3%; represents a 32% sequential increase in average daily production over the second quarter of 2014 and 72% over the second quarter of 2013 Average daily production from oil, condensate and NGLs (including ethane) reached a record level of 10.4 MBoe/d, a 61 [...]

STATE COLLEGE, Pa., Oct. 20, 2014 (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 $145.00 per share on its 6.0% Series A convertible perpetual preferred stock, which is the dividend payable from the original issue date of August 18, 2014 [...]

STATE COLLEGE, Pa., Sept. 15, 2014 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) today provided an update on its Appalachian Basin operations, third quarter 2014 production guidance and borrowing base under its senior secured credit facility. Appalachian Basin – Warrior North Prospect In the Warrior North Prospect, the company recently [...]

STATE COLLEGE, Pa., Sept. 9, 2014 (GLOBE NEWSWIRE) -- Rex Energy Corp. (Nasdaq:REXX) today announced the closing of the previously announced Butler Operated Area acquisition from SWEPI, LP, an affiliate of Royal Dutch Shell plc ("Shell"). Total consideration paid was approximately $120 million and the transaction has an effective date of July 1 [...]

STATE COLLEGE, Pa., Aug. 26, 2014 (GLOBE NEWSWIRE) -- Rex Energy (Nasdaq:REXX) today announced that it has signed agreements with MarkWest Energy Partners, L.P. (NYSE:MWE) ("MarkWest") that will expand the company's processing capacity in the Butler Operated Area. MarkWest will increase the total processing capacity available in the Butler [...]

STATE COLLEGE, Pa., Aug. 13, 2014 (GLOBE NEWSWIRE) -- Rex Energy Corp. ("Rex Energy") (Nasdaq:REXX) today announced that it has priced its registered offering of 1.4 million depositary shares, each representing a 1/100th interest in a share of 6.0% convertible perpetual preferred stock, Series A, with a liquidation preference of $10,000 per share [...]