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CONE to Provide Midstream Services for CONSOL & Noble's Jointly in the Marcellus Shale

Source: www.gulfoilandgas.com 8/25/2014, Location: North America

CONSOL Energy Inc. announced that CONSOL Energy and its Marcellus Shale joint venture partner, Noble Energy, Inc., caused a Registration Statement on Form S-1 to be filed with the U.S. Securities and Exchange Commission for the initial public offering of common units of a master limited partnership to be known as CONE Midstream Partners LP. CONE Midstream Partners will provide midstream gathering services for production from CONSOL Energy's and Noble Energy's jointly owned acreage in the Marcellus Shale.

The number of common units to be offered and the price range for the offering have not been determined. The offering is expected to be completed late in the third quarter or early in the fourth quarter of 2014. CONE Midstream Partners has applied for a listing of the common units on the New York Stock Exchange under the symbol "CNNX".

A registration statement relating to the securities of CONE Midstream Partners LP has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.

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