CONSOL, EXCO and Low Natgas Prices in the Marcellus

An interesting article in the Pittsburgh Post-Gazette by the only reporter they have left that still reports objectively on the Marcellus Shale: Anya Litvak, formerly from the Pittsburgh Business Times, tackles the topic of the Marcellus and other shale plays as being a “long game” for energy companies. In fact, some producers still don’t turn a profit in this “low price” environment. As part of her article, she shares two pieces of information that caught our eye: How much it costs CONSOL Energy per thousand cubic feet (Mcf) to get the gas, and when we can expect to see EXCO Resources return to active drilling in the Marcellus…

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