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Tag Archives: Rex Energy

‘Consolidation’ might be the word for some shale companies

oil rig

The for-sale sign WPX Energy Inc. recently put on its Marcellus shale wells and land could signal more moves among natural gas producers struggling with low prices, observers say. “I do know a couple of companies that are interested in getting out of the basin,” Lou D’Amico, president of the Marshall-based Pennsylvania Independent Oil & Gas Association, said Tuesday. He ...

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Rex Energy puts Marcellus shale drilling site work in Middlesex on hold during appeals

Rex Energy has suspended development of a controversial Marcellus shale drilling site in Middlesex, Butler County, until appeals are settled, according to a letter sent to several people who live in the area. “At this time, the duration of the delay in operations is not known,” said the letter from Mary Ann Fox, vice president of land development for State ...

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