Rex Energy (REXX) Reports Q1 Loss Per Share of 11c
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Rex Energy Reports First Quarter Operational and Financial Results
May 5, 2015 4:01 PM EDTProduction of 196.2 MMcfe/d, a 61% increase year-over-yearCash G&A from continuing operations decreased by 11% from fourth quarter 2014Liquids production of 11.4 Mboe/d, a 84% increase year-over-yearLast 18 Marcellus, Upper Devonian Burkett and Ohio Utica wells completed with higher sand concentrations continue to meet or exceed respective type curvesIncreasing full year 2015 production guidance due to increased performance from recently completed wells with higher sand concentrationsCompleted four-well Renick pad in Moraine EastRecently entered into two LNG supply agreements to transport gas to the Gulf Coast
STATE COLLEGE, Pa., May 5, 2015 (GLOBE NEWSWIRE)... More
