Oil, Gas and Consumable Fuels
Company Overview of CNX Gas Company LLC
CNX Gas Company LLC produces, markets, and sells coalbed methane and gas. The company produces and distributes pipeline natural gas. It also offers drilling services. The company was incorporated in 2001 and is based in Waynesburg, Pennsylvania. CNX Gas Company LLC operates as a subsidiary of CONSOL Energy Inc.
200 Evergreen Drive
Waynesburg, PA 15317-6506
Founded in 2001
Key Executives for CNX Gas Company LLC
President and Chief Executive Officer
Compensation as of Fiscal Year 2014.
CNX Gas Company LLC Key Developments
Virginia Property Owners Press Companies on Royalties
Oct 10 13
Attorneys for property owners in Virginia's coalfields region who say they were cheated out of untold millions in royalty payments for natural gas drilled on their land are asking a federal judge to order two energy companies to show how much they drilled and reaped from the resource. The request is contained in briefs seeking summary judgment in class-action lawsuits involving thousands of landowners. They want to free up nearly $30 million in disputed payments and what they say is much more in royalties they are owed because of overcharges and underpayments. The lawsuits name EQT production Co. and CNX Gas Co., that have drilled more than 7,000 wells in southwest Virginia to siphon methane gas from coal seams. The plaintiffs' attorneys contend the disputed royalties held in a state escrow account has subjected the landowners to an "involuntary lease" and established below-market royalty payments for methane gas royalties. The lawsuits, filed several years ago, were certified as class actions representing various claims earlier this month by U.S. District Judge James P. Jones. It was not immediately clear when he would rule on the request for summary judgment. Attorneys for the landowners are also seeking punitive damages, which would be decided at trial.
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