Consol Energy Inc was incorporated in Delaware in 1991. The Company is an energy company. It operates two divisions, oil and gas exploration and production (E&P) and coal mining. The oil and gas exploration and production division is engaged in the production, gathering, processing and acquisition of natural gas properties in the Appalachian Basin (Pennsylvania, West Virginia, Virginia, Ohio, and Tennessee). It has rights to extract natural gas in Pennsylvania, West Virginia, Ohio and New York from approximately 446,000 net Marcellus Shale acres at December 31, 2013. The coal division is engaged in the extraction and preparation of coal, also in the Appalachian Basin. The Company controls approximately 446 thousand net acres in the Marcellus Shale and approximately 109 thousand net acres in the Utica Shale. It also has 2.5 million net acres in its coalbed methane play, primarily in Virginia. The Company's gas and coal mining operations are subject to various types of federal, state and local regulations.