Consol Energy Slashes oil & gas CapEx

Posted by Joseph Keefe January 6, 2016

Oil and gas producer Consol Energy Inc cut its 2016 capital expenditure plans for its oil and gas division by 41 percent due to weak commodity prices.

The company cut its oil and gas capital expenditure to $205-$325 million from $400-$500 million.

Reporting by Anet Josline Pinto

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Consol Energy Slashes oil & gas CapEx

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