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Rex Energy Corporation Message Board

  • tjmcbntmkr tjmcbntmkr Jul 30, 2013 10:25 PM Flag

    Illinois Basin ASP Project

    Rex has reported favorable results on this EOR project for a small pilot in the Lawrence field with oil cuts increasing from 1% to 12% and very substantial increases in sustained production. A larger or expanded project was initiated last year with additional injection wells and results have been expected on initial production in June, 2013 . Looking for any further guidance on the topic.

    Sentiment: Hold

15.21+0.37(+2.49%)4:00 PMEDT

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