CONSOL Energy Provides Update on Bailey Conveyors

CONSOL Energy previously reported on July 30, 2012, that it incurred a structural failure on its newly installed above-ground conveyor system at the Bailey prep plant in Southwestern Pennsylvania. This incident affected production at the Bailey and Enlow Fork mines. Reconstruction of the affected systems is under way. The company now estimates that one of the two collapsed belts will be returned to service the week of August 19, which will enable the mines to operate at an estimated 60% of capacity. They expect to resume full production near the end of the month. The company does not currently expect to curtail any domestic sales as a result of this incident.