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Rex Energy Corp
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March 2012 Corporate Presentation
| Patrick M. McKinney | Page 6 of 11 |
March 28, 2024
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"March 2012 Corporate Presentation"
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2011 Proved Reserves Proved Reserves Growth 0 50 100 150 200 250 300 350 400 2008 2009 2010 2011 Ye ar- En d Prove d Re se rve s ( Bc fe) Oil & NGLs Natural Gas PDP 47% PUD 53% 2011 PDP – PUD Reserves Year Proved Reserves (Bcfe) PV-10 (Millions) % Proved Developed Oil Price Assumption1 Natural Gas Price Assumption1 NGL Price Assumption1 2011 366.2 $ 539.6 47% $ 92.45 $ 4.54 $ 46.34 2010 201.7 $ 269.4 42% $ 76.03 $ 4.57 $ 31.71 2009 125.2 $ 190.5 54% $ 57.73 $ 3.81 $ 30.27 2008 65.9 $ 84.0 62% $ 40.50 $ 6.27 $ 19.95 6 • Ratio of 1.27 PUD to 1 PDP in the Marcellus Shale 1. Commodity prices used were based on the 12-month unweighted arithmetic average of the first-day-of-the-month price for 2011.