|
|
News Breaks | | | | January 18, 2013 | | 06:49 EDT |  | CNX | CONSOL Energy announces operations update
CONSOL's Coal Division produced 14.3M tons for Q4, including 700,000 tons of low-vol coking coal from the company's Buchanan Mine. This was lower than the 15.2M tons, including 1.4M tons from Buchanan, in 4Q11. Annual 2012 coal production was 56M tons, including 3.5M tons from Buchanan and 100,000 tons from Amonate. Annual 2011 coal production was 62M tons. Most of the 2012 reduction in coal production was due to the company's efforts to control inventory. Several mines were idled during 2012, as the company continually sought to match production and sales. During Q4, CONSOL's total coal inventory decreased by 300,000 tons to 1.4M tons as of December 31, 2012. Thermal coal inventory decreased to 1.1M tons during the quarter, as sales exceeded production. Low-vol Buchanan and Amonate inventory decreased from September 30, 2012 by 200,000 tons, to 200,000 tons. CONSOL Gas Division produced 41.8 Bcfe for Q4, or 5% more than the 39.7 Bcfe produced in 4Q11. Annual 2012 gas production was 156.3 Bcfe. During the quarter, CONSOL Energy completed its second well in Noble County, OH. This Utica Shale well, the NBL 16A, was completed with 16 stages and tested at 12.0 MMcfd and 768 barrels condensate per day. This well is currently shut-in for further dissipation of frac fluids and the installation of a gas gathering system. The early results from this well, coupled with the results from the previously announced NBL 1A well, in addition to competitor data, gives the company confidence to begin transitioning its Utica Shale program in Noble County from an exploration mode to a development mode. CONSOL now plans to drill 11 wells in Noble County in 2013. | |
|
News For CNX From The Last 14 Days Check below for free stories on CNX the last two weeks. |
|
|
| May 20, 2013 | | 07:58 EDT |  | CNX | BofA/Merrill's metals and mining analysts hold analyst/industry conference call
Metals & Mining Analysts discuss the recently held 30th Annual BofAML Global Metals, Mining & Steel Conference on an Analyst/Industry conference call. Relevant companies BHP, RIO, VALE, BNX, CLF, NUE, AA and BTU may be included on the Analyst/Industry conference call to be held on May 20 at 9 am. | | | May 16, 2013 | | 16:22 EDT | | CNX | CONSOL Energy receives approval to resume full production at Blacksville No. 2
 Subscribe for More Information | | | May 15, 2013 | | 17:18 EDT | | CNX | BP Capital gives quarterly update on stakes
Subscribe for More Information | | | May 13, 2013 | | 07:22 EDT | | CNX | FBR Capital to host a conference
2013 Energy & Industrials One-on-One Series Conference is being held in Boston on May 13. | | | May 9, 2013 | | 11:35 EDT | | CNX | Kansas City Southern says coal volumes are up 5% in Q2
On its presentation at the Wells Fargo conference the CFO said that coal volumes are up approximately 5% in Q2. | | | 10:31 EDT |  | CNX | CONSOL Energy mentioned positively at UBS
Subscribe for More Information | |
|
|
|
|
|
|
