Rex Energy pays $120 Million for SWEPI Acreage in PA and OH

Knew this was coming.................

http://powersource.post-gazette.com/powersource/companies-powersour...

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Permalink Reply by Donald on August 13, 2014 at 7:03am

Stock holders dont seem to think it is a big deal. Why?  stock is on the down side.

Permalink Reply by Brent Laner on August 13, 2014 at 8:14am

About $575 an acre?

Permalink Reply by Joseph-Ohio on August 14, 2014 at 4:34am
Wondering how much of an overriding interest Shell maintains in the deal ?

Overriding royalty interest ?

Working interest ?
Permalink Reply by James Vanderink on August 14, 2014 at 4:47am
Permalink Reply by Gas Boy on August 14, 2014 at 7:57am

SWEPI did not sell its assets in north central PA.  Only those in and around Butler/Lawrence Co.'s 

Permalink Reply by rhcpfan28 on August 14, 2014 at 7:55am

Does this have any effect on the Shell plant in Beaver County? 

Permalink Reply by Mr. Bluebird on August 15, 2014 at 1:15am

Good Question.

Did Shell keep acreage in central/southern Beaver County near Monaca ?

It appears they sold acreage in northern Beaver County.

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