Rex Energy Corp.
Rex Energy Corp. is an independent energy company, which engages in acquisition, production, exploration and development of oil and gas, with properties concentrated in the Appalachian and Illinois regions of the United States. The Illinois Basin focuses on the implementation of enhanced oil recovery on properties as well as conventional oil production. The Appalachian Basin focuses on Marcellus Shale drilling projects. The company operates its business through two segments: Exploration & Production and Field Services. The Exploration & Production segment engages in the exploration, acquisition, development and production of oil, natural gas and Liquids. The Field Services segment operates and manages water sourcing, water transfer and water disposal services, primarily in the Appalachian Basin. Rex Energy was founded by Thomas C. Stabley and Benjamin W. Hurlburt on March 8, 2007 and is headquartered in State College, PA.