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Rex Energy provides Appalachian Basin operations update

Rex Energy Corporation provided an operational update on the company's Appalachian Basin operations.

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Rex Energy Corporation-2

Rex Energy Corporation provided an operational update on the company's Appalachian Basin operations.

Appalachian Basin - Legacy Butler Operated Area

During the first quarter of 2015, the company placed the four-well Powell pad into sales. The four-well Powell pad was drilled with an average lateral length of 5,500 feet and completed with an average sand concentration of approximately 2,300 pounds per foot. The four-well Powell pad produced at an average 5-day sales rate per well of approximately 9.3 MMcfe/d.

The company has also placed the two-well Hamilton pad into sales. The two wells on the pad were drilled with an average lateral length of approximately 4,700 feet and completed with an average sand concentration of approximately 2,300 pounds per foot. The two-well Hamilton pad produced at an average 5-day sales rate per well of approximately 7.8 MMcfe/d.

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