Butta the Vice President of Oil and Natural Gas Marketingadmin
Rex Energy Corporation told the press that the company has named Mark A. Butta as Vice President of Oil and Natural Gas Marketing and Transportation. A 25-year veteran in the oil and natural gas industry, Mr. Butta will oversee Rex Energy’s oil and natural gas marketing and transportation department and will report to William L. Ottaviani, Executive Vice President and Chief Operating Officer.
Prior to taking his current position with Thermal Ventures II, Mr. Butta worked for Range Resources where he served as Director of Energy Services and was responsible for business development, sales, contract administration and gas transportation. Mr. Butta comes to Rex Energy from Thermal Ventures II, L.P. in Youngstown, Ohio, where he served as Vice President of Project Development. His responsibilities were primarily focused on risk mitigation for oil and gas initiatives, contract negotiation and stakeholder relations. Mr. Butta’s other experience includes: Director of Gas Marketing for North Coast Energy; Regional Manager of Gas Purchasing for Enron Access Corporation; Director of Sales and Supply for Phoenix Diversified Ventures and Manager of Gas Transportation for Equitable Resources. Mr. Butta has a B.S. degree in Mechanical Engineering Technologies from Point Park University in Pittsburgh, Pennsylvania.
Benjamin W. Hulburt said “We are extremely excited that Mark has chosen to join the Rex Energy team,” “He comes to us with a proven track record of leadership, strategic planning and negotiation in the natural gas marketing arena, predominately in the Appalachian Basin. I believe his experience will prove to be invaluable as we continue to explore and develop current and future prospects—especially those in our expanding Marcellus Shale project areas.”
Rex Energy Corporation 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 prospects and actively seeking to acquire complementary oil and natural gas properties.