Drilling Down

Consol Energy Warns Investors to Expect Loss

CANONSBURG, Pa. – Consol Energy Inc. today warned its investors to expect a second-quarter loss from operations, primarily due to lower commodity prices. Consol will announce its results July 28. “Separate from the operating loss, the company expects to record a significant impairment charge due to the reduction in the carrying value of Consol’s conventional […]

Utica Potential Much Larger than Initially Thought

MORGANTOWN, W.Va. – The Utica shale contains far more recoverable oil and gas than initial estimates and is likely the second-largest natural gas formation in the country second to the Marcellus shale, according to a newly released study led by West Virginia University. The Utica Shale Play Book Study was conducted by the Appalachian Oil […]


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