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 January 21, 2016 - 8:30 AM EST
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Rice Energy Announces Extension of Exchange Offer

CANONSBURG, Pa., Jan. 21, 2016 /PRNewswire/ -- Rice Energy Inc. (NYSE: RICE) ("Rice Energy") announced today that it will extend its offer to exchange (the "Exchange Offer") up to $400,000,000 aggregate principal amount of its outstanding unregistered 7.25% Senior Notes due 2023 (the "Old Notes") for up to $400,000,000 aggregate principal amount of its 7.25% Senior Notes due 2023 that have been registered under the Securities Act of 1933, as amended.  All other terms of the Exchange Offer, as described in the prospectus dated December 18, 2015, remain unchanged.

The Exchange Offer will now expire at 5:00 p.m. (ET) on January 27, 2016, unless further extended by Rice Energy.  The Exchange Offer was scheduled to expire at 5:00 p.m. (ET) on January 20, 2016.  Rice Energy has been advised by its exchange agent that, as of 5:00 p.m. (ET) on January 20, 2016, $399,933,000 in aggregate principal amount of Old Notes, representing approximately 99.98% of the outstanding aggregate principal amount of the Old Notes, had been tendered and not validly withdrawn.  The Exchange Offer is being extended to provide holders of the Old Notes who have not yet tendered their notes for exchange additional time to do so.

This press release is for informational purposes only and is not an offer to buy or sell or the solicitation of an offer to buy or sell any of the securities described herein, nor shall there be any offer, solicitation or sale of such securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.  A registration statement on Form S-4 relating to the Exchange Offer was declared effective by the Securities and Exchange Commission on December 18, 2015.  The Exchange Offer was made only pursuant to the Exchange Offer documents that were distributed to holders of the Old Notes, including the prospectus dated December 18, 2015, and the related letter of transmittal.

About Rice Energy

Rice Energy Inc. is an independent natural gas and oil company engaged in the acquisition, exploration and development of natural gas and oil properties in the Appalachian Basin. For more information, please visit our website at

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SOURCE Rice Energy Inc.

Source: PR Newswire (January 21, 2016 - 8:30 AM EST)

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