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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 [...]
Key US Sen To Unveil Bill On Oil, Gas Royalties Within Weeks
U.S. Sen. Jeff Bingaman, the U.S. Senate’s top lawmaker on energy policy, is aiming to unveil a bill later this month that would address what he describes as “the royalty mess down in the Gulf of Mexico.”
“I hope in the next week or two we’ll have some legislation to propose” regarding the royalty issue, the [...]
Regional Insights: Time to capitalize on ‘new’ coal
Energy is at the top of the news these days. It was a key part of the President Bush’s State of the Union Address, and Gov. Ed Rendell announced his Energy Independence Strategy on Thursday.
The cost and availability of energy are critical issues for the Pittsburgh region. All of us feel the pain from [...]
Naughty costs less when the gift is coal
Shoppers who’ve blown their holiday budget should be happy to see a few naughty recipients on their gift lists: A lump of coal, that favored award for those who haven’t been nice, is fetching rock-bottom prices.
Salt Lake City-based Transocean Ltd. Energy House sells a 40-pound bag of coal for $8.95. Compare that with other [...]
