Areas of Operation
Our core areas of operations are in the Central Appalachia in Basin of Virginia and West Virginia. The Central Appalachian Basin is a mountainous region where coal mining is prevalent.
In the Central Appalachian Basin, we have an interest in approximately 400 wells, (350 net) most of which we operate. In Central Appalachia, we are party to six firm transportation agreements with total maximum daily quantities of approximately 54,000 MMBtu per day and primary terms expiring through November 2024 which can be automatically extended from time to time at the maximum tariff rate. In some cases, our gas sales volumes are delivered to market under transportation agreements controlled by our working interest partners. Generally, our gas sales volumes are sold at a delivery point into the respective interstate pipeline system utilized.