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Rex purchases 207,000 net acres from Shell in deal that increases Appalachian leasehold

16.10.2014 / Energyboardroom

Rex Energy Corp. has signed a $120 million deal to acquire 207,000 net acres prospective to the Marcellus, Upper Devonian Burkett, and Utica shales in Pennsylvania and Ohio from Swepi LP, an affiliate of Royal Dutch Shell PLC.

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