Is rexrex energy still in business? Rex Energy Corporation was a natural gas exploration and production company headquartered in State College, Pennsylvania. In 2018, the company was acquired by PennEnergy Resources. The company's operations were entirely in the Appalachian Basin, in the Marcellus Shale, Utica Shale, and the Burkett Shale.What happened to rex energy? In August 2016, the company sold assets in the Illinois Basin for $40 million. In January 2017, the company sold assets in the Utica Shale to Antero Resources for $30 million. In May 2018, Rex Energy filed for bankruptcy. In August 2018, the assets of the company were acquired by PennEnergy Resources.Does rex own nugen energy? REX has a 99.5% ownership interest in NuGen Energy, LLC. The facility has the capacity to produce 150 million gallons of ethanol per year, as well as, distillers grains and non-food grade corn oil. The plant initially commenced production in February, 2008. We consolidate their results into our financial statements.What does rex american resources do? REX American Resources Corp. is listed on the New York Stock Exchange under the symbol “ REX .” REX has a 99.5% ownership interest in NuGen Energy, LLC. The facility has the capacity to produce 150 million gallons of ethanol per year, as well as, distillers grains and non-food grade corn oil.
PITTSBURGH-- (BUSINESS WIRE)--PennEnergy Resources, LLC (“PennEnergy” or the “Company”) has agreed to acquire substantially all the assets of Rex Energy Corporation (“Rex”) for a cash purchase price of $600.5 million. The assets acquired include cash accounts of $29.5 million held by Rex used to collateralize firm transportation
814 278 7267 The company had estimated proved reserves of 3662 billions of cubic feet equivalent Rex Energy Corporation was founded in 2007 and is headquartered in State College, Pennsylvania 476 Rolling Ridge Drive Suite 300 State College PA 16801 Phone Number 814 278 7267 Drilling Activity ( Jan 2017 - Dec 2021)