Rex Energy Announces Date of Third Quarter 2012 Earnings Release

STATE COLLEGE, Pa., Oct. 23, 2012 (GLOBE NEWSWIRE) -- Rex Energy Corporation (Nasdaq:REXX) today announced plans to release third quarter 2012 operational results on Tuesday, November 6, 2012 after market close. Management will host a live conference call on Wednesday, November 7, 2012 at 10 a.m. ET to review third quarter results and operational highlights. All financial results discussed in the third quarter earnings release and on the webcast will be subject to our independent auditor's review. The telephone number to access the conference call is (877) 849-6312. The conference call will also be available for replay through the company's website at www.rexenergy.com under the Investor Relations tab. The replay of the event and reference materials will be available on the company's website through December 8, 2012.

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

CONTACT: Tom Stabley Chief Executive Officer (814) 278-7215 tstabley@rexenergycorp.com Mark Aydin Manager, Investor Relations (814) 278-7249 maydin@rexenergycorp.com

Rex Energy Corporation