Rex Energy Third Quarter 2012 Conference Call Responsible Development of Americas Energy Resources Rex Energy Corporation 476 Rolling Ridge Drive State College, PA 16801 P: (814) 278-7267 F: (814) 278-7286 E:…
Highlights and Recent Development Average daily production of 71.1 MMcfe/d 63% growth in production year-over-year 17% increase in liquids production year-over-year Entered into anchor/shipper ethane transportation agreement with…
Selected Operational and Financial Highlights 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter Quarter to Quarter 2011 2012 2012 2012 Change % Change Production Average Per Day Oil (Bbls) 1,919 1,892 1,859 1,987 128 7% Gas (Mcf)…
Price Realizations 4th Quarter 1st Quarter 2nd Quarter 3rd Quarter 2011 2012 2012 2012 Average Price Per Unit: Realized crude oil price per Bbl as reported 90.45 99.31 89.97 89.00 Realized impact from cash settled derivative per…
Current Hedging Summary Current Production Hedged(1) 80% 68.39 4.32 70% 72.44 Commodity 4.37 Oil 60% 1.03 1.03 Natural Gas Commodity % Hedged (4) 50% Propane 40% 3.54 30% 80.00 20% 10% 73% 62% 54% 67% 69%…
Fourth Quarter and Full Year 2012 Guidance Fourth Quarter Full Year 2012 2012 Average Daily Production 70.0 74.0 MMcfe/d 66.0 69.0 MMcfe/d Lease Operating Expense 11.5 - 13.0 million 46.0 50.0 million Cash G&A 5.3 - 6.3 million…
Butler Operated Area Highlights Plesniak 3H1 Butler Operated Area Natural Condensate NGLs Total % Total Gas (bbls/d) (bbls/d) (mcfe/d) Liquids (Ethane (mcf/d) Rejection) 5-day rate 2,048 6 406 4,521 55% 3,171 25-day 1,931 6 383…
Marcellus Super Frac Type-Curve Results Drushel 3H (150 ft design) Super Frac: Super Frac: Type-Curve Considerations as Job Performed: April; 2011; On Prod: +1 Year compared to YE 2011- 5.3 BCFE Type Curve Lateral Length: 3,000; 21…
Ohio Utica Warrior North Prospect 15,800 gross / 15,500 net acres in Carroll County, OH First well, Brace 1H, into sales in 3Q12 Warrior North Prospect Encountered over 135 of Point Pleasant and 143 of Utica pay CHK Coniglio 6H: 1.1…
Ohio Utica Warrior South Prospect 6,200 gross / 4,000 net acres1 in Guernsey, Noble and Belmont Counties, OH Warrior South Prospect Joint Development Agreement with MFC Drilling and GPOR Groh 1-12H: ABARTA Oil & Gas Co. Rate of 1.9…
Appalachian Basin Processing Capacity Mariner West MWE Sarsen & Pipeline Bluestone Processing Complex: 90-190 MMcf/d REXX Carroll County Acreage Dominion East REXX Butler Ohio Pipeline Operated Acreage MWE Harrison I…
Illinois Basin Conventional Drilling Rex Energy has identified multiple conventional infill and Illinois Basin Conventional recompletion opportunities in our Gibson and Posey County, IN acreage 6,500 gross / 6,300 net acres Provide…
Lawrence Field Middagh Pilot Lawrence Field ASP Oil cuts in the Pilot increased from 1.0% to 12.0% in total unit, with individual wells experiencing oil cuts above 20% Perkins-Smith Middagh Pilot Peak production was seen at 100+ BOPD…
Marcellus Non-Operated Overview Seven wells in Westmoreland County on the Marco 1 and National Metals 1 pads are producing above the Marcellus Non-Operated current type curve 200-day rates are still 50% above type curve Reduced…
Rex Energy Question and Answer Session Responsible Development of Americas Energy Resources
Rex Energy Appendix Responsible Development of Americas Energy Resources
EBITDAX 9 Months Ending ( in thousands) 2nd Quarter 2012 3rd Quarter 2012 9/30/12 Net Income From Continuing Operations 56,193 (1,742) 58,281 Net (Income) Loss Attributable to Non-Controlling Interests (222) (193) (516) Income From…
Adjusted Net Income 9 Months Ending (in thousands) 2nd Quarter 2012 3rd Quarter 2012 9/30/12 Income From Continuing Operations Before Income Taxes, as reported 91,461 (3,873) 94,049 Add Back (Less): Retroactive Portion of PA…
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