February 4, 2016

Rex Energy Corporation (the “Company”) (REXX) announced today the commencement of an exchange offer and consent solicitation related to the Company’s outstanding 8.875% Senior Notes due 2020 (the “2020 Notes”) and 6.250% Senior Notes due 2022 (the “2022 Notes” and, together with the 2020 Notes, the “Existing Notes”). The Company is offering to exchange (the “Exchange Offer”) any and all

2015 activity drives 30% increase in proved developed reserves EQT Corporation (EQT) today reported year-end 2015 proved developed reserves of 6.3 Tcfe, which was 30% higher than 2014; and total proved reserves of 10.0 Tcfe, a 0.7 Tcfe decrease from the previous year. In 2015, the increase in proved developed reserves was related to the completion of 245 wells and