CNX GAS CORPORATION

5 Penn Ctr W Ste 401,
Pittsburgh, PA, 15276-0130,
USA.

cnxgas.com

How to reach CNX GAS CORPORATION

412-200-6700

Description

CNX GAS CORPORATION is a Pittsburgh-based independent natural gas exploration; development; production and gathering company operating in the Appalachian Basin of the United States. In particular; we are a leading producer of coalbed methane (CBM). Our production in 2006 was 56.1 billion cubic feet (Bcf); making us; we believe; the second largest gas producer in the Appalachian Basin. Proved reserves at December 31; 2006 were 1.265 trillion cubic feet (Tcf). Only 48% of these reserves were developed at year end. Net unproved reserves at year end were 1.855 trillion cubic feet; giving us a total 3P (proved; probable; and possible) reserve base of 3.120 Tcf. Importantly; we have yet to assign any reserves to 640;000 acres out of our total of 2.46 million gross acres. Potential drill sites; again excluding the unevaluated acreage; exceed 9;500. With a 2007 drilling program of about 400 wells; we believe that we have decades of opportunity ahead of us.

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