Rice Energy Inc. (Rice Energy) is an independent natural gas and oil company. The Company is engaged in the acquisition, exploration and development of natural gas and oil properties in the Appalachian Basin. The Company’s properties at the Appalachian Basin include Marcellus Shale and Utica Shale. It holds approximately 43,351 pro forma net acres in the southwestern core of the Marcellus Shale, primarily in Washington County, Pennsylvania. As of December 31, 2013, the Company owned and operated 27 miles of high-pressure gathering pipelines on its Marcellus Shale acreage in Washington County, Pennsylvania. As of December 31, 2013, the Company had drilled and completed 37 horizontal Marcellus wells with lateral lengths ranging from 2,444 feet to 9,147 feet and averaging 5,669 feet.