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CNX Gas Acquires CBM and Gas Interests from Peabody Energy; CNX Gas to Pay $66.5 million for Approximately 1,037,000 Gross Acres
CNX Gas Corporation has entered into a definitive agreement to acquire the coalbed methane (CBM) and gas interests to approximately 1,037,000 gross acres from Peabody Energy. The transaction will increase CNX Gas’ gross acreage position from 2.5 million gross acres at year-end 2006, to 3.6 million, or an increase of 44%.
The transaction involves three parties. [...]
RSX Provides U.S. Investors With Access to a Portfolio of 30 Russian Companies Traded on Global Exchanges
New York-based asset manager Van Eck Global today launched Market Vectors-Russia ETF, a new exchange-traded fund (ETF) that is listed on the New York Stock Exchange (NYSE). The fund is the first ETF listed in the U.S. that enables U.S. investors to gain exposure to a broad spectrum of Russian companies.
CNX Gas Leases CBM Acreage from Massey Energy
Deal Encompasses Approximately 20,000 Acres.
CNX Gas Corporation has agreed to lease approximately 20,000 acres in southwestern Pennsylvania from a subsidiary of Massey Energy Company. CNX Gas and the Massey subsidiary will jointly develop the property pursuant to an operating agreement, with CNX Gas serving as the operator and majority working interest partner. The project is [...]
Pengrowth Energy Trust Announces $1.0375 Billion Acquisition of Canadian Oil and Natural Gas Properties
Pengrowth Corporation, administrator of Pengrowth Energy Trust (TSX:PGF-UN.TO – News)(NYSE:PGH – News), (collectively, “Pengrowth”) is pleased to announce that it has entered into a definitive agreement to acquire Canadian oil and natural gas producing properties and undeveloped lands (the “CP Properties”) through the acquisition of the shares of four subsidiaries of Burlington Resources Limited, a [...]
Argus Takes Initiative on Coal Market Transparency
Argus Media, the leading provider of coal market information, and joint owner of the world’s leading coal price benchmark API 2, is increasing transparency about how the index is put together.
Argus has always supported greater price transparency for physical coal, and will from December publish the price ranges submitted by buyers, sellers and traders each [...]
CNX Gas to Present at Lehman Brothers’ 2006 CEO Energy Conference; Ronald E. Smith to Provide Operations Update, Reaffirm 2006 Guidance
CNX Gas Corporation (NYSE: CXG) will be presenting at the Lehman Brothers’ 2006 CEO Energy Conference in New York on Thursday, September 7, at 12:20 p.m. Ronald E. Smith, Executive Vice President and Chief Operating Officer, will be representing CNX Gas. The presentation will also be webcast live on the investor relations portion of the [...]
