rex energy is drilling up a storm here in derry twp. outside of new derry, superior area. i only have 5 acres here that i leased to rex for 200 an acre early last summer. they have 5 horizonals allready completed with 2 more scheduled before year end. rex also drilled 3 or 4 shallow wells in the superior area, the drilling blocks in this area are eaglehouse, panizzi, and slavek plans. rex has a joint venture with williams a texas firm that specializes in horizonal wells. they are to commence drilling in pa. the start of the new year.my concerns are not so much as property owner, i am more concerned with the stock price with this company. i am betting that this marcellus shale has a future.