Oct 3 (Reuters) - Whitebark Energy Ltd (WBE) :
- SERVICE RIG HAS BEEN MOBILIZED TO WIZARD LAKE SITE TO REPLACE PARTED RODS AT REX-1 AND WORN TUBING AT REX-4
- NOW CONDUCTING A FORMAL PROCESS TO EXPEDITE SIGNIFICANT INTEREST RECEIVED IN REX ENERGY
- REX ENERGY OIL AND GAS PRODUCTION ASSET IS NOT CURRENTLY VALUED BY MARKET ADEQUATELY
- FIELD WILL RETURN TO PRODUCTION IMMEDIATELY AFTER WORKOVER OF TWO WELLS AT AND ESTIMATED PRODUCTION RATE OF OVER 100 BOE/D
