PITTSBURGH, Feb. 1, 2019 /PRNewswire/ — CNX Resources Corporation (NYSE: CNX) tonight released the following information regarding its Shaw 1G Utica shale well in Washington Township, Westmoreland County, PA:
As part of our ongoing investigation into a pressure anomaly that was recently observed on the Shaw 1G well, CNX has begun preparations to remediate the well and arrest the subsurface flow of gas.
We have and continue to work in close coordination with the Municipal Authority of Westmoreland County (MAWC) and all appropriate state and local stakeholders to ensure the situation is addressed in a safe and environmentally compliant manner. There have been no injuries and no impact to the local community or the environment. We immediately activated appropriate resources and continue taking measures to safeguard Beaver Run Reservoir and surrounding communities. Public health and safety are our top priorities.
Company personnel and specialized consultants are monitoring existing nearby gas wells and are continuing to manage any potential gas communication to those wells.
All frac operations on the Shaw pad remain suspended. We will provide further updates as appropriate.
About CNX Resources Corporation:
CNX Resources Corporation (NYSE: CNX) is one of the largest independent natural gas exploration, development and production companies, with operations centered in the major shale formations of the Appalachian basin. The company deploys an organic growth strategy focused on responsibly developing its resource base. As of December 31, 2017, CNX had 7.6 trillion cubic feet equivalent of proved natural gas reserves. The company is a member of the Standard & Poor’s Midcap 400 Index. Additional information may be found at www.cnx.com.