TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Rex Energy to spend $100M in Butler County next year

REXX $12.13 +$0.01

at close on TUESDAY

Daily Photo Galleries

Tuesday, Nov. 13, 2012, 3:40 p.m.
 

Rex Energy Corp. expects to spend $100 million to $105 million next year in Butler County on natural gas drilling and extraction, the company said on Tuesday.

State College-based Rex Energy will spend more in Butler County than in three other areas where it drills, the company said in its 2013 capital budget, which sets total spending at $230 million to $250 million.

No comparison to prior year capital spending was included in the budget.

Rex Energy plans to drill 19 new wells in Butler County and place 21 wells into service next year.

Add Alex Nixon to your Google+ circles.

 

 

 
 


Show commenting policy

Most-Read Stories

  1. Starkey: Stupid Steelers
  2. Steelers running backs Bell, Blount will face drug charges
  3. Braves’ error, Sanchez’s sacrifice fly in 9th help Pirates snap long skid
  4. It’s only exhibition, but these Steelers could solidify roster spots vs. Eagles
  5. UPMC earnings turn positive, but pressures mount
  6. 1 injured in Pa. Turnpike crash in Beaver County
  7. GOP: Wolf ‘Fresh Start’ campaign violates Pennsylvania law
  8. Pa. trooper injured in pursuit in Washington County
  9. EDMC to cut costs, roll out new grant
  10. Karns City RB sets sights on playing full season
  11. Carroll incident draws police from 4 departments
Subscribe today! Click here for our subscription offers.