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Consol Energy slashes 2016 E&P capital budget
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Conol Energy

  • Joe Barone, Shale Directories
  • Business Information
  • January 7, 2016

Consol Energy slashes 2016 E&P capital budget

Consol Energy on Wednesday sharply cut its 2016 capital budget for its E&P division, Kallanish Energy reports.Capital expenditures (CAPEX) for E&P is now set at $205 million to $325 million — $185 million lower than the previous guidance of $400-$500 million, based on the guidance midpoint.Total
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