CONSOL plans partnership with Noble Energy Inc.


CONSOL Energy Inc. announced today that the company and its Marcellus Shale joint venture partner, Noble Energy Inc., intend to form a master limited partnership to provide midstream gathering services for production from their jointly owned acreage in the Marcellus Shale.

The two companies filed confidential paperwork with the U.S. Securities and Exchange Commission for the initial public offering of common units of the joint venture.

The offering is expected to be complete late in the third quarter or early in the fourth quarter of 2014.

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