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February 6, 2014
06:56 EDTCNXCONSOL added 1.63Tcfe of proved reserves from 2013 drilling
CONSOL added 1.63 Tcfe of proved reserves during 2013 through extensions and discoveries. Drill bit finding and development cost for 2013 was 42c per Mcfe. Total proved reserves at year-end 2013 were a record 5.731Tcfe, up 44% vs. 3.993Tcfe at year-end 2012. CONSOL replaced 948% of its 2013 gas production.
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