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Rex Reaffirms 2017 Capex; Plans 12 Completions for Q3
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Rex reported its Q2 2017 results. Highlights include:
- Net operated capital expenditures for the full-year 2017 are still expected to be within the range of the company's previously issued guidance of $115.0 million - $130.0 million.
- Drilled six gross (4.8 net) wells, fracture stimulation of six gross (3.1 net) wells and other projects related to drilling and completing wells in the Appalachian Basin.
- Twelve Moraine East wells scheduled to be placed into sales in third quarter 2017
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