Rex Energy Corp. (Nasdaq: REXX) has announced initial results from its first three Warrior South Prospect wells in the Ohio Utica.

The Guernsey 2H, located in Noble County, Ohio, tested at a peak 24-hour rate of 3,111 barrels of oil equivalent (BOE) per day (39% NGLs, 43% gas, 18% condensate), assuming full ethane recovery and a natural gas shrink of 20%. The well produced with an average casing pressure of 2,229 psi during the initial 24-hour test period on a 30/64 inch choke. The well was drilled to a total ...