Exploration & Production | Drilling / Well Results | Top Story | Quarterly / Earnings Reports | Second Quarter (2Q) Update
Rex Hits 128.8 MMcfe/d Production Record in the Marcellus, Utica
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Rex Energy Corporation announced its second quarter 2014 operational and financial results.
Highlights: Record quarterly production of 128.8 MMcfe/d, represents a 50% year-over-year increase Average daily production from oil and NGLs reached a record level of 6.5 MBoe/d, a 5% increase over the first quarter of 2014 Year-to-date EBITDAX of $93.1 million, a 57% year-over-year increase Recently completed the five-well Ferree pad, the company's second Upper Devonian Burkett/Marcellus stacked lateral pad Six-well Grunder pad and three-well Jenkins pad in the Warrior North Prospect expected to be placed into sales in August 2014Enlarge Image
Operational UpdateNote: Unless specifically stated otherwise in this operational update, all numbers are gross and all well results assume full ethane…
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