Rex Energy Corporation Executes Sales Agreement for Its Southwestern Region Assets
December 29th, 2008… Energy Corporation announced that its wholly-owned subsidiary, Rex Energy I, … predominantly located in the Permian Basin. The sale includes approximately 10,000 net acres (15,000 gross acres), year-end 2007 proven reserves of 10.7 Bcfe, and approximately 1.6 MMcfe per day of production as of the end of the third quarter of 2008. The …