Rex Energy (REXX) is active in the Utica Shale in both Ohio and Pennsylvania. The company is the operator of acreage in Carroll County, Ohio, and expects to drill and put three gross or 2.4 net wells onto production in 2012.
In Butler County, Pennsylvania, Rex Energy plans to put the Cheeseman 1H well onto production during the first quarter of 2012. The company expects to drill three gross or 2.1 net wells into the Utica Shale during 2012, and to place one of these wells onto production.
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