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CONSOL Energy Announces First Quarter 2012 Marcellus and Utica Operations

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Central PA: During the first quarter, CONSOL Energy drilled eight Marcellus wells, including four from the Gaut pad, one from the DeArmitt pad and three from the Bowers Unit. Gaut and DeArmitt are in CONSOL's development field in northwestern Westmoreland County, PA. Bowers is the first horizontal development for CONSOL in Jefferson County, PA. The eight Marcellus wells from the Aikens pad, which were drilled in late 2011, are currently being completed. Full production from the Aikens pad is expected by June 1, 2012.

In Central Pennsylvania, CONSOL Energy currently has one rig drilling.

Southwest PA: CONSOL continues its full-scale development drilling at several pads in Greene County. During the first quarter, CONSOL drilled 10 wells and brought four wells online at several pads with…

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