Rex Energy files $150 million shelf for debt securities, preferreds

By Angela McDaniels

Tacoma, Wash., June 5 - Rex Energy Corp. registered to sell up to $150 million of securities in an S-3 filing with the Securities and Exchange Commission.

Covered by the shelf are debt securities, preferred stock, common stock and warrants.

The debt securities and preferreds may be structured as convertibles.

The proceeds will be used for capital expenditures, working capital, acquisitions, repayment or refinancing of debt, investments in the company's subsidiaries or other general corporate purposes.

Rex Energy is a State College, Pa.-based independent oil and gas company.

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