Comment

Comment by Matthew Williams on September 17, 2014 at 9:52am

Hey Bob, Do you know when this list will be done?

Comment by Bob Rock on September 15, 2014 at 4:52pm

Just recorded today Linda. Still incomplete. 16 pages though when done.

Comment by Jim Litwinowicz on September 15, 2014 at 3:50pm

Shell kept a lot of their leases in Mercer Co according to the Rex website map of the acquisition. The only township that Rex acquired was Liberty Township in far SE corner of the county.

http://www.rexenergy.com/documents/ButlerOperatedAreaAcquisition-Su...

Comment by Linda sheirer on September 15, 2014 at 12:13pm

Last week, I saw that some folks in Butler started to receive letters that their Shell lease were assigned to Rex Energy.  Has anyone in Mercer county received  a letter yet?  I haven't, so am curious, as  Shell bought my lease from Halcon this past year.  Have letters arrived to any Mercer county leasers? or did they decide to keep some of our area in Mercer?

Comment by Trapper on September 9, 2014 at 6:40pm

Thank you Oliver. Now let's get some (LOTS) drilling done!

Comment by Oliver Perry on September 9, 2014 at 6:22pm

Rex Energy Completes Butler Operated Area Acquisition




STATE COLLEGE, Pa. , Sept. 9, 2014 (GLOBE NEWSWIRE) -- Rex Energy Corporation (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, 2014 . The final purchase price is subject to customary post-closing adjustments. The company funded the transaction primarily from the net proceeds of its recent offering of convertible perpetual preferred stock.

About Rex Energy Corporation

Rex Energy is headquartered in State College, Pennsylvania and is an independent oil and gas exploration and production company operating in the Appalachian and Illinois Basins within the United States .
CONTACT: For more information contact:



Mark Aydin

Manager, Investor Relations

(814) 278-7249

maydin@rexenergycorp.com


Source: Rex Energy Corporation

Comment by Trapper on September 7, 2014 at 9:20am

Reports are coming out of Butler County that some there are receiving registered letters from Rex. Anyone here get one yet?

Comment by JohnL on September 6, 2014 at 9:45pm

Pulled the plot map for the Zigo 1H well. It will run north along side Rt 58 from the Frank Zigo farm past and under the Tennesse Gas station. Vertical depth 7,680 ft, total footage to be drilled is 18,306. Well bore path horizontal of 10,990 ft. Wells 7H and 11H should be permitted soon. 1H-6H are on the north pad and 7H-12H on the south pad.

Comment by OIL FINGER on September 6, 2014 at 7:48pm

Stevenson unit was laid out by halcon and earnest money paid to partys who own the property where the pad and access road was to be located ... 4 wells were to be drilled  in spring or summer of 2013....Long story short wells were not drilled for reasons only Halcon people in Texas know. They then bailed out and Swepi was handed the package to deal with.  Shell would rather drill off shore or in the tundra as the fish and raindeer are easier to deal with than some of the humans who don"t really know how things work in the real world.

Comment by Bob Rock on September 6, 2014 at 6:45pm

Water line.

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