Rex Energy Secures Gas Transportation Agreements to Midwest and Gulf Coast

STATE COLLEGE, Pa., April 29, 2014 -- Rex Energy Corporation (REXX) today announced the execution of two separate binding Precedent Agreements with Dominion Transmission, Inc. ("Dominion") and Texas Gas Transmission, LLC ("Texas Gas"), respectively, to transport natural gas volumes from Rex's Butler Operated Area in Butler County, Pennsylvania to the Midwest and Gulf Coast.

"We are very pleased to announce our success in securing pipeline takeaway capacity for our Butler Operated Area to the Gulf Coast," said Tom Stabley, Chief Executive Officer of Rex Energy.

FX Energy Reports Estimated 24 Mmcf/d Production Rate for Tuchola Field

SALT LAKE CITY, April 30, 2014 -- FX Energy, Inc. (FXEN) today reported estimated production rates based on the production test on the Tuchola-4K well originally reported on April 21, 2014. The calculated absolute open flow rate for the Tuchola-4K well was 117 million cubic feet per day (Mmcf/d), compared to the calculated absolute open flow rate for the Tuchola-3K well of 98 Mmcf/d.  The estimated initial stabilized production rate for the two wells combined is expected to be approximately 24 Mmcf/d when production starts. The Company plans to complete the Tuchola-4K and run another production test, after which it expects to release internal estimates of recoverable reserves and gas composition for the field.

Precision Drilling Corporation Announces 2014 Second Quarter Dividend and 2014 First Quarter Financial Results

CALGARY, ALBERTA--(Marketwired - Apr 28, 2014) - (Canadian Dollars except as indicated)

This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the "Cautionary Statement Regarding Forward-Looking Information and Statements" later in this news release.

The Board of Directors of Precision Drilling Corporation (PD.TO) (PDS) ("Precision" or the "Corporation") has declared a second quarter dividend on its common shares of $0.06 per common share, payable on May 26, 2014, to shareholders of record on May 14, 2014. For Canadian income tax purposes, all dividends paid by Precision on its common shares are designated as "eligible dividends", unless otherwise indicated by Precision.

Gear Energy Announces $85 Million Asset Acquisition and Increased 2014 Capital Budget

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Gear Energy Ltd. ("Gear" or the "Company") (GXE.TO) is pleased to announce today that it has entered into an agreement to acquire (the "Acquisition") heavy oil assets focused near the Company's core producing areas of Wildmere, Alberta and Maidstone, Saskatchewan (the "Assets"). The Assets include over 2,000 boe per day of high working interest, operated heavy gravity crude oil production (98 percent oil). The purchase price for the Assets is $85 million, payable in cash. The effective date of the Acquisition is March 1, 2014 and the closing of the Acquisition is expected to occur on or about May 1, 2014 (the "Closing").