Rex Energy Corporation

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	'''Rex Energy Corporation''' (NASDAQ: REXX) was reported in Septeber, 2008 to have drilled its first Marcellus test well in Westmoreland County, Pennsylvania.		'''Rex Energy Corporation''' (NASDAQ: REXX) was reported in Septeber, 2008 to have drilled its first Marcellus test well in Westmoreland County, Pennsylvania.
	This is the first of three planned vertical wells that will be drilled to a depth of 9,000 feet. The company holds approximately 68,000 acres of Marcellus Shale leases.		This is the first of three planned vertical wells that will be drilled to a depth of 9,000 feet. The company holds approximately 68,000 acres of Marcellus Shale leases.
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		+	The company has also received permission from the [[Susquehanna River Basin Commission]] to withdraw up to four million gallons per day for Marcellus shale drilling operations.
	The company's President and Chief Executive Officer is Benjamin W. Hulburt.		The company's President and Chief Executive Officer is Benjamin W. Hulburt.

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Revision as of 19:03, 14 September 2008

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Rex Energy Corporation (NASDAQ: REXX) was reported in Septeber, 2008 to have drilled its first Marcellus test well in Westmoreland County, Pennsylvania. This is the first of three planned vertical wells that will be drilled to a depth of 9,000 feet. The company holds approximately 68,000 acres of Marcellus Shale leases.

The company has also received permission from the Susquehanna River Basin Commission to withdraw up to four million gallons per day for Marcellus shale drilling operations.

The company's President and Chief Executive Officer is Benjamin W. Hulburt.