Energy Environmental Blog

Dominion Selling Appalachian Assets

Written by Greg Russell | Mar 16, 2010 8:48:31 PM

The Richmond Times-Dispatch is reporting that Dominion Resources, Inc., is selling its Appalachian oil and gas E&P operations to Consol Energy, Inc., for just under $3.5 billion.  It includes more than 9,000 wells, 1.46 million acres, and 1 Tcf of proven natural gas reserves.  For a copy of the Dominion news release, see here.