January 4, 2017 / 9:33 PM / 9 months ago

BRIEF-Rex Energy to sell interest in some assets

Jan 5 (Reuters) - Antero Resources Corp

* Rex Energy -on january 3, r. e. Gas development together with joint interest owners mfc drilling, abarta oil & gas and abarta entered purchase and sale agreement with antero resources

* Rex Energy -sellers will sell to antero substantially all of their jointly owned oil and gas interests in noble, guernsey, and belmont counties, ohio

* Rex Energy -total consideration for transaction is expected to be $50 million, with approximately $30 million net to rex

* Rex Energy Corp says expects to use proceeds from transaction to pay down its revolving line of credit and for general corporate purposes Source text for Eikon: Further company coverage:

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