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On November 14, 2018, Rex Energy I, LLC went out of business as per its Chapter 11 liquidation filing under bankruptcy. Rex Energy Corporation operates as an independent condensate, natural gas liquid (NGL), and natural gas company in the Appalachian basin in the United States. It focuses on the Marcellus Shale, Utica Shale, and Burkett Shale drilling and exploration activities. As of December 31, 2017, the company had estimated proved reserves of 1,032.9 billion cubic feet equivalent; and owned interests in approximately 554.0 condensate, NGL, and natural gas wells. Rex Energy Corporation was founded in 2007 and is headquartered in State College, Pennsylvania.
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