Rex Energy Corp., State College, Pa., plans to spud the first two of its four planned 2012 wells in the Utica shale wet gas area in Ohio in April.
The locations are on the company’s Warrior prospect in northern Carroll County, southwest and northwest of two wells completed by Chesapeake Energy Corp.
Rex Energy said it has closed on 13,700 net acres of the previously announced 15,000 net acres with Utica shale potential and expects to close on the rest by the end of March.
Meanwhile, the company has completed a pipeline to Cheeseman 1H, its first Utica shale well in Butler County, Pa., and expects to turn the well to sales by Mar. 1. The well previously tested at the rate of 9.2 MMcfd of dry gas.
