November 14, 2008

Rex Energy Corporation Names Bernard J. Ulincy As Vice President, Land Manager

STATE COLLEGE, Pa., Nov. 14, 2008 (GLOBE NEWSWIRE) -- Rex Energy Corporation ("Rex Energy") (Nasdaq:REXX) announced today that it has named Bernard ("Bernie") J. Ulincy as Vice President, Land Manager.

Mr. Ulincy is a veteran in lease acquisition and land management with almost 30 years of experience. Reporting directly to Benjamin W. Hulburt, the President and Chief Executive Officer, Bernie will oversee all Rex Energy activities related to the company's mineral interests and other land-related assets and rights.

Mr. Ulincy comes to Rex Energy from El Paso E & P Co. in Houston where he was the Senior Staff Landman. Prior to his El Paso assignment, Bernie worked at Southwestern Energy Company, where he served as Staff Landman and oversaw their Fayetteville shale prospects in Arkansas since 2006. Previous to that position, he worked for Fortuna Energy Inc., a subsidiary of Talisman Energy Inc., as Supervisor of Land Acquisition, managing the lease acquisition budget for their Trenton/Black River horizontal drilling efforts in the Appalachian Basin. Mr. Ulincy holds a bachelor's degree in Geography from East Stroudsburg State College and completed post-graduate work in Geography and Geology at Indiana State University.

"We are excited to welcome Bernie to Rex Energy," said Benjamin W. Hulburt. "His extensive experience in lease acquisition and land management make him the ideal candidate for managing our current land assets, including our sizeable Marcellus holdings in the Appalachian Basin, as well as for overseeing our future projects."

About Rex Energy

Rex Energy is an independent oil and gas company operating in the Illinois Basin, the Appalachian Basin and the Southwestern Region of the United States. The company has pursued a balanced growth strategy of exploiting its sizable inventory of lower-risk developmental drilling locations, pursuing its higher-potential exploration drilling and enhanced oil recovery projects and actively seeking to acquire complementary oil and natural gas properties.

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 CONTACT:  Rex Energy Corporation            Joseph DeSimone, Director of Investor Relations           814-278-7129           [email protected]