STATE COLLEGE, Pa., April 16, 2012 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) announced today that the company will present findings from their Middagh ASP Pilot at the Society of Petroleum Engineers' Tulsa Improved Oil Recovery Symposium at 10:30 AM in Tulsa, Oklahoma.

"This paper and subsequent presentation is the culmination of many years of hard work refining the ASP process," said Patrick McKinney, President and Chief Operating Officer of Rex Energy. "We are proud of the fact that our ASP team and technical partners have unlocked the potential for tertiary recovery in the Illinois Basin. As one of the few companies with SEC proved reserves for ASP flooding, we feel we are in good stead as we move forward with developing our Perkins-Smith and Delta Unit projects."

A full manuscript of the paper, SPE# 154318, will be available for download at www.onepetro.com after the conclusion of the symposium. An abstract of the paper can be found in the Investor Relations section of the Rex Energy website, www.rexenergy.com under Events & Presentations.

About Rex Energy Corporation

Rex Energy is headquartered in State College, Pennsylvania and is an independent oil and gas exploration and production company operating in the Appalachian and Illinois Basins within the United States. The company's strategy is to pursue its higher potential exploration drilling prospects while acquiring oil and natural gas properties complementary to its portfolio. 

The Rex Energy Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5489

For more information, please visit our website or contact:

www.rexenergy.com

Tom Stabley
Chief Executive Officer and Chief Financial Officer
(814) 278-7215
tstabley@rexenergycorp.com

Mark Aydin
Manager, Investor Relations
(814) 278-7249
maydin@rexenergycorp.com