New beginnings in the shale

February 3-9, 2012 – Pittsburgh Business Times: New beginnings in the Shale
Best Of The Best In Appalachian Gas Play

PennEnergy enjoys ‘Best of the Best’ in Appalachian Gas Play
PennEnergy Resources to Acquire the Assets of Rex Energy

PennEnergy Resources has agreed to acquire substantially all the assets of Rex Energy Corporation for a cash purchase price of $600.5 million.