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Rice Energy Reports Q2 Operations
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Rice Energy Inc. has reported second quarter 2015 financial and operational results.
Highlights: Net production averaged 529 MMcfe/d for the second quarter, a 120% increase relative to second quarter 2014 Adjusted realized natural gas price(2) of $2.98 per Mcf in the second quarter Completed first Pennsylvania Utica well in Greene County, Pennsylvania with production planned for late third quarter 2015 Turned to sales 11 operated Ohio Utica and 14 operated Pennsylvania Marcellus wells, our most active quarter in our history Achieved significant midstream throughput growth to 887 MDth/d, a 33% increase relative to first quarter 2015 Increased 2016 hedge position to 389 BBtu/d at a weighted average floor price of $3.65 per MMBtu Strong second quarter liquidity position of over $1 billion…- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
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