Overview of CONSOL Energy Key Points CONSOL Energy Inc. n CONSOL Energy Inc. (NYSE: CNX) is a multifuel energy producer and energy services provider focused in the U.S. Coal Natural Gas Current market cap of over 11 billion n Over…
U.S. Coal & Natural Gas Operator with History of Success CONSOL Operational Timeline April 30, 2010 - During World War II 1991 - DuPont 1999 - After years of CONSOL acquires the 1927 - The Company CONSOL provided vital Energy and RWE…
CONSOL Coal Division: Operational Overview Reserves by Coal Type (million tons) 2010 Coal Revenue by Coal Type ( mm) 4,401 Million Tons 3,853 Million Thermal 3,839 Thermal 87% 3001 78% High Vol 172 4% High Vol Low Vol Low…
CONSOL Gas Division: Operational Overview Total Proved Reserves by Gas Type (Bcfe) Proved Reserves by Category (Bcfe) 3.7 Trillion Cubic Feet 3.7 Trillion Cubic Feet Marcellus 859 23% Other Shale PD CBM 100 PUD 3% 1,931…
Differentiating Aspects of CONSOL 7
Unique Competitive Advantages Facilitate Development Surface Ownership, Blending Capability and Water Sourcing Key Points Treated Mine Water (TMW) Sources CONSOL owns in excess of 110,000 surface acres in PA / WV Provides strategic…
Marcellus Is One of the Most Economic Plays in North America Current Natural Gas Pricing Environment Highlights Comparative Basin-Level Economics Key Points Estimated Pricing Required for a 20% Return vs. Historical NYMEX 5-Year Strip…
CONSOL Marcellus: Premier Position in the Heart of the Play Key Points CONSOL Marcellus Acreage Position CONSOL holds one of the top Marcellus positions with approximately 675,000 net acres in PA and WV Significant existing…
Best-in-Class Marcellus Well Results EURs Steadily Improving Key Points Increasing Marcellus EURs With more than 30 Selected 2009 Wells Selected 2010 Wells horizontal Marcellus wells producing, CONSOLs EURs have been steadily 9.0…
Industry-Leading Low-Cost E&P Operator Key Points 2010 Drill Bit F&D Cost / Mcfe CONSOLs F&D and lifting 1.20 costs are significantly below 1.07 1.07 1.08 its peer group 1.00 1.00 CONSOLs knowledge and 0.85 experience in the 0.80…
Strong Infrastructure and Transportation Capacity Significant Infrastructure in Place and Contracted Firm Transportation Capacity Key Points Region Pipelines Available Pipelines Under Contract CONSOL owns over 3,000 miles of Central…
Industry Leading Coal Margins Lowering the risk of production variations while maximizing margins. Key Points 80.00 50 CONSOLs financial goal is to maximize our average 45 70.00 margin per ton. Operations is on a path to 40 lower…
CONSOL is Fully Participating in the Growing Overseas Market Key Points 2010 Revenue Split 2010 International Revenue CONSOLs Revenue from Split Overseas Sales is Growing in Coal Revenue of 3.82 Billion International Coal Revenue of…
Strong Commitment to Environment, Health and Safety Key Points Health and Safety Safety is at the core of CONSOLs operations Safety is at the core of CONSOLs operations Established Absolute Zero philosophy, which sets zero incidents…
Drilling Overview 17
CONSOL Drilling Activity Marcellus Drilling Activity Key Points Consol Marcellus Acreage with Drilling Activity (1) Consol has drilled 37 horizontal Marcellus wells Total gross daily gas Central Pennsylvania production of 57 MMcf/d…
CONSOL Drilling Activity Utica Drilling Activity by CONSOL and Others Key Points CONSOL Ohio Utica Acreage with Test Wells CONSOL has about 200,000 net acres in Ohio which is prospective for the Utica Significant Utica Leasing and…
CONSOL Net Lease Expirations Key Points PA and WV Marcellus Net Lease Expirations by CONSOL Operating Area n 575,000 (87%) of Pennsylvania and West Approximately 87% of CONSOLs Virginia Marcellus acreage is Marcellus net acreage in PA…
CONSOL Gas Division 2010 and 2011 Drilling Highlights 2010 Highlights 2011 Highlights n 2010 Rig Inventory n 2010 Rig Inventory 3 horizontal rigs, 2 walking rigs (July 2010) 4 horizontal walking rigs n Green County, PA results n…
CONSOL Gas Division 2011 Estimated Well Type Curve Illustrative Well Parameters (MM, except as noted) Base 2011 Type 2011 Type (10%D&C Efficiency) Gross EUR (Bcfe) 4.3 5.7 5.7 NRI 87.5% 87.5% 87.5% Net EUR (Bcfe) 3.7 4.9 4.9…
CONSOL Gas Division 22% After-Tax IRR at 4.50 per MMBTU Well ATAX IRR Comparison - Type Curve Analysis 100.0% 95.0% 90.0% 85.0% 80.0% Base 75.0% 2011 Type (10% D&C Ef f iciency) 70.0% 2011 Type 65.0% Internal Rate of…
CONSOL Gas Division Concerns & Challenges - Proactively Being Addressed n Regulatory Legislative restrictions Delays in PINDI and permitting Water use and disposal Local highway bonding / road permits / township ordinances Lease…
Loading...
