to offer gas gathering and water delivery solutions in one package to third parties. Strategy The company’s strategy is to increase shareholder value through the development and growth of its existing natural gas assets, selective acquisition of natural gas and natural gas liquid acreage leases within its footprint, and through the participation in global thermal and metallurgical coal markets. Laws and Regulations The company’s mining complexes are located in states, which have achieved primary jurisdiction for enforcement of SMCRA through approved state programs. Regulations and orders set forth by the Federal Energy Regulatory Commission impact the company’s gas business to a certain degree. The company’s gas operations are subject to regulation under the federal Occupational Safety and Health Act and comparable state laws in some states, all of which regulate health and safety of employees at the company’s natural gas operations. Significant Events In November 2016, CONSOL Energy Inc. and Noble Energy, Inc. jointly announced that the two companies have entered into a definitive agreement to separate their Marcellus Shale 50-50 Joint Venture. The two companies have negotiated a separation of the Joint Venture that was formed in 2011 for the exploration, development, and operation of primarily Marcellus Shale properties in Pennsylvania and West Virginia. History CONSOL Energy Inc. was founded in 1991. The company was incorporated in Delaware in 1991.
consol energy inc
(CNX:New York Consolidated)
1000 Consol Energy Drive
Canonsburg, PA 15317
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