CNX Resources Corp.
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Public and private E&P operators alike are grappling with how to approach the evolving energy investment environment that is…
Check out these E&P and drilling activity highlights from around the world.
Spraberry Field-Wolfcamp A discoveries by Pioneer Natural Resources in the Permian Basin plus Marcellus and Utica well completions in…
CNX Resources reported it is net carbon negative for Scope 1 and 2 emissions—unique in the natural gas upstream and midstream sectors…
Ascent Resources and CNX Utica Shale completions, a Louisiana Austin Chalk venture plus two significant discoveries reported in Egypt…
New Financings
Closed private offering of convertible senior notes due 2026. Includes full exercise of $45 million…
CNX Resources Corp. announced the final results and expiration of its previously announced cash tender…
CNX Resources Corp. has commenced a cash tender offer to purchase up to $400 million aggregate principal…
CNX Resources Corp. said that it intends, subject to market and other conditions, to offer and sell to…
CNX intends to offer and sell to eligible purchasers $500 million of senior notes due 2026 and use the…
Activity Highlights
Gtreene
PA
United States
A Utica Shale discovery was announced in Greene County Pa., by CNX Gas Co. The #4NHSU CNX is in Rich Hill Field. It was drilled to 23,557 ft (11,879 ft true vertical) in Richhill Township, 7.5 Quad. It initially flowed 27.18 MMcf of gas per day…
Greene
PA
United States
CNX Resources completed three Marcellus Shale-Rich Hill Field wells at a pad in Pennsylvania’s Greene County. The pad is in Section 5, Wind Ridge 7.5 Quad, Richhill Township. The #99BHSM Braddock RHL was drilled to 18,211 ft (6,989 ft true…
Westmoreland
PA
United States
CNX Gas Co. completed a Utica Shale gas discovery in Pennsylvania’s Westmoreland County. The #1DHSU Shaw is in Section 8, Vandergrift 7.5 Quad, Washington Township. It was tested flowing 10.712 MMcf of gas per day from a fractured perforations at…
Tyler
WV
United States
CNX Gas Co. announced results from a Tyler County W. Va., test in Wilbur Field. The #1SHR38EHSM Ash James is in Centerville Dist., Union West 7.5 Quad and was drilled to 20,160 ft, 6,532 ft true vertical. It initially flowed 29 bbl of oil, with 2…
Transactions
CNX Resources to Buy Out Midstream Affiliate in $357 Million Deal
CNX Resources to Buy Out Midstream Affiliate in $357 Million Deal
Ascent Resources’ $1.5 Billion Buying Spree Builds Utica Giant
Ascent Resources’ $1.5 Billion Buying Spree Builds Utica Giant
Ascent Resources’ $1.5 Billion Buying Spree Builds Utica Giant
Ascent Resources’ $1.5 Billion Buying Spree Builds Utica Giant
Ascent Resources’ $1.5 Billion Buying Spree Builds Utica Giant
Ascent Resources’ $1.5 Billion Buying Spree Builds Utica Giant
Ascent Resources’ $1.5 Billion Buying Spree Builds Utica Giant
Ascent Resources’ $1.5 Billion Buying Spree Builds Utica Giant