When Rex Energy Corp. announced in August that it acquired the rights to lease about 11,000 net acres in Carroll County, OH, for $40 million, the company said it was doing so to develop a prospect in the Utica Shale play and expand its acreage position there.
Heck
Articles from Heck
Futures Push Higher on Bullish Storage Injection, Revisions
Turning in a heck of a first day on the job, the July natural gas futures contract — in its first regular session as the front month contract — jumped 31.9 cents on Thursday to close at $3.957 as the bulls took advantage of price-supportive storage news.
May 29, 2009
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