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Consol Energy (CNX -1.7%) says it added 954B cfe of proved reserves through extensions and...

Feb. 07, 2013 2:37 PM ETCNX Resources Corporation (CNX) StockCNXBy: Carl Surran, SA News Editor

Consol Energy (CNX -1.7%) says it added 954B cfe of proved reserves through extensions and discoveries during 2012, yielding a drill bit finding and development cost of $0.46/M cfe, the third straight year CNX has achieved a sub-$0.50 rate. Total year-end proved reserves were a record 3.993T cfe, a 15% Y/Y increase.

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