Jan 26 (Reuters) - Rex Energy Corp:
* Announces 61% net increase in proved reserves and provides operational update
* Says 2011 production expected to increase 71%-95% from 2010
* Says 2011 capital budget set at $148.8 million
* Says its total proved reserves as of December 31, 2010 increased 95% from
2009
* Its total proved reserves as of December 31 to 201.7 bcfe prior to
adjustments for production, asset sales and revisions
* Says expects to commission the blue stone plant in the first quarter of 2012.
* Sees 2011 production 34.7-39.4 mmcfed
* Sees Q1 2011 production 25.8-27.3 mmcfed
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Announces 61% net increase in proved reserves and provides operational update
* Says 2011 production expected to increase 71%-95% from 2010
* Says 2011 capital budget set at $148.8 million
* Says its total proved reserves as of December 31, 2010 increased 95% from
2009
* Its total proved reserves as of December 31 to 201.7 bcfe prior to
adjustments for production, asset sales and revisions
* Says expects to commission the blue stone plant in the first quarter of 2012.
* Sees 2011 production 34.7-39.4 mmcfed
* Sees Q1 2011 production 25.8-27.3 mmcfed
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.