Rex Energy 3Q14: Production Up 72%, Oil & Condensate Up 61%

Rex Energy, the little energy company that could (and is) continues to impress. Earlier this week Rex released their third quarter 2014 production update. Rex, focused mainly on Marcellus and Utica drilling, increased production 72% over 3Q13–to 169.7 million cubic feet equivalent per day, or Mmcfe/d. That’s a very healthy 32% jump from second quarter this year. They expect to be producing 179 Mmcfe/d by the time Dec. 31 rolls around. Here’s the full update from Monday:

Please Login to view this content. (Not a member? Join Today!)
Password Reset
Please enter your e-mail address. You will receive a new password via e-mail.