Rex Energy Announces Carroll County, Ohio Utica Prospect and Raises Full Year and Exit Rate Guidance

    The company has acquired the rights to lease approximately 11,000 net acres in Carroll County, Ohio prospective for the Utica Shale play
    Borrowing base increased 50% from $160 million to $240 million
    Second quarter 2011 EBITDAX increased 130% compared to second quarter 2010
    Rex Energy raises its 2011 full year guidance to a range of 37.0 -- 40.4 MMcfe/ day
    2011 exit rate increased to a range of 47.0 -- 53.5 MMcfe/ day

Rex Energy Corporation (Nasdaq:REXX - News) today announced its acreage position in Carroll County, Ohio, upward revisions to the company's full year production and exit rate guidance, its increase in borrowing base and a full year 2011 capital investments budget increase. The company also highlighted financial and operational results for the second quarter of 2011.

Point Roberts, WA - August 3, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, releases a trading alert for Oil and Gas stocks Aug 2nd.

American Petro-Hunter Inc. (OTC: AAPH) ended the day flat at $0.50. The stock has soared about 65% so far this year. Recently, the company provided an outline of plans for the next two wells to be drilled at the Company's field development program at the North Oklahoma Project. These next wells in the series have been designated as NOS-2-22 and NOW-2H.

Miller Petroleum Inc (NYSE:MILL) shares slumped 0.58 (-14.68%) to $3.37. The stock has slumped over 54% in the past one week. Earlier this week, the company issued a letter to shareholders from the company’s CEO, Scott M. Boruff to address the recent blog on Miller, and the Current Report on Form 8-K filed this morning.

TAG Oil Reports 100% Increase in Production Revenue & Strong Year-End Financial Results

TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), a Canadian-based production and exploration company with extensive operations in New Zealand, reports that the Company has filed its audited financial results, Management Discussion and Analysis and Annual Information Form with the Canadian Securities Administrators for the period ended March 31, 2011. Copies of these documents can be obtained electronically at www.sedar.com, or for additional information please visit the TAG Oil website at http://www.tagoil.com/.

Year-End March 31, 2011 Operating Highlights
    --  Production revenue for 2011 increased to $13,088,423 compared  to $6,527,585 in 2010.

Passport Energy Ltd. Provides Saskatchewan and Montana Update

Calgary, Alberta CANADA, July 29, 2011 /FSC/ - Passport Energy Ltd. (PPO - CNSX)("Passport" or the "Company") is pleased to announce an update on its Hardy S 1A4-16-4B4-9-04-21W2 well (the "Hardy 4-16 well") located in south-eastern Saskatchewan based on information provided to us by its partners American Eagle Energy Inc. and Eternal Energy Corp.

The first development well in the field, Hardy S HZ 1A4-16-4B4-9-4-21W2, was drilled and cased in May, 2011. Completion plans included a 29-stage fracture stimulation of the Bakken horizontal well that placed a total of 429,000 pounds of sand and 6,400 barrels of water in the 1370 meter lateral section.