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Examples
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"Today's transaction with Hess helps Consol's shareholders to realize value from some of our legacy assets, as well as from assets that were acquired just 15 months ago," said Chairman and Chief Executive J.
Hess Buys Stake in Consol Shale Project Melodie Warner 2011
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Mr. DeIuliis said the coal and natural-gas sides of Consol's business aren't in competition.
Noble Energy to Pay $3.4 Billion to Develop Marcellus Shale With Consol Kris Maher 2011
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Consol's coal business has benefited from demand in Europe for thermal coal used by utilities.
Noble Energy to Pay $3.4 Billion to Develop Marcellus Shale With Consol Kris Maher 2011
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Under the terms of the deal, New York-based Hess gets 50% of Consol's fee and leased mineral interests in the Ohio Utica Shale acres, and it will also pay up to about $534 million to cover 50% of Consol's working interest obligations related to certain drilling and completion costs.
Hess Buys Stake in Consol Shale Project Melodie Warner 2011
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The current deal more than doubles the value of Consol's Marcellus holdings to $9,650 an acre.
Noble Energy to Pay $3.4 Billion to Develop Marcellus Shale With Consol Kris Maher 2011
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Consol's shares fell 6% to close at $48.45 on New York Stock Exchange composite trading.
Consol Energy's Earnings Fall 27% Matt Whittaker 2011
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Air from Consol's McElroy Mine next year will be pulled out with a powerful fan and sent through a heated ceramic that oxidizes the methane and turns it into carbon dioxide and water vapor for venting into the atmosphere.
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Consol and its development partner Verdeo Group Inc. expect to capture and destroy methane equivalent to 230,000 tons of carbon dioxide a year at Consol's McElroy Mine south of Wheeling, W. Va.
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Consol's project is one of only a handful around the world but is expected to be replicated as mining companies seek to capture greenhouse gas in order to sell carbon-offset credits to utilities and others.
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Consol's vice president for research and development.
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