CNX reaches deal with DEP on plugging abandoned wells

CNX Resources Corp. has reached a settlement with the Pennsylvania Department of Environmental Protection on plugging 141 abandoned conventional and unconventional wells in four counties in southwestern Pennsylvania.

Under the consent order released Friday, CNX (NYSE: CNX) will post a $1.48 million performance bond and submit a schedule on its plans to plug the wells that are in Washington, Westmoreland, Greene and Allegheny counties. DEP said that the wells are conventional coal-bed methane and…


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