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Rex Energy (REXX) reports proved oil and natural gas reserves of 612.1 Bcfe, a 67% gain vs....
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Monday, November 12, 2012, 4:42 PM ETRex Energy (REXX) reports proved oil and natural gas reserves of 612.1 Bcfe, a 67% gain vs. 2011's year end; the proved developed portion of the reserves increased to 260.8 Bcfe from 173.3 Bcfe. REXX says it replaced 1,009% of its estimated production of 19,886 MMcfe YTD with a proved reserves-to-production ratio of 25.7 years.
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