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Rex Energy Corp. Details 1Q Financial Results

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May 1, 2014

Rex Energy Corp. (NASDAQ: REXX) detailed first-quarter 2014 financial results on April 29. The quarter ended March 31, the company added.

During the quarter, about $93.3 million was made in operational capital investments, the company said. Out of this amount, $82.1 million funded Marcellus and Utica operations, and another $11.2 million funded conventional drilling, water flood enhancement and facility upgrades in the Illinois Basin, Rex Energy added.

A total of ten gross wells were drilled in the Marcellus and Utica, and in the Illinois Basin, one gross well was drilled, ...


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