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CONSOL Energy & CNX Gas Present Gift to Bluefield State College Foundation

  • Created
    Tuesday, September 20 2011
  • Created by
    Jim Nelson/Media Relations - (304) 327-4103 jnelson@bluefieldstate.edu
consol_energy_donation

CONSOL Energy (NYSE:CNX) and CNX Gas, its wholly owned subsidiary, presented $50,000 to the Bluefield State College Foundation during the 2011 Bluefield Coal Show.  The gift is the second installment in CONSOL Energy’s commitment to contribute $150,000 for the establishment of the endowed CONSOL Energy Scholarship in Engineering Technology at Bluefield State College.  Pictured, from left, during the presentation ceremony are Frank Hart (Dean/BSC School of Engineering Technology & Computer Science), Karen Harvey (BSC Director/Institutional Advancement & Planning), Jack Richardson (CONSOL Energy vice president of Central Appalachia operations), Roger Owensby (BSC Assistant Professor and Department Head/Mining Engineering Technology), and Rocky Malamisura (CNX Gas General Manager of Drilling and Development).

Gift Strengthens CONSOL Energy Endowed Scholarship
in Engineering Technology at Bluefield State College

(Bluefield) -- CONSOL Energy (NYSE:CNX) and CNX Gas, its wholly owned subsidiary, presented $50,000 to the Bluefield State College Foundation during the 2011 Bluefield Coal Show. The gift is the second installment in CONSOL Energy's commitment to contribute $150,000 for the establishment of the endowed CONSOL Energy Scholarship in Engineering Technology at Bluefield State College.

"We are pleased to deliver this, our second installment of $50,000, for the scholarship we endowed last year at Bluefield State College," said Jack Richardson, CONSOL Energy vice president of Central Appalachia operations. "CONSOL Energy and its CNX Gas Virginia operations division have a long standing relationship with Bluefield State College."

Buford Myers, vice president of CNX Gas Virginia operations, agreed, adding, "Our companies have provided internships, scholarship funds and have hired Bluefield State College graduates for many years. At CONSOL Energy, we've collaborated with the college on various projects and educational programs, to include developing a class in petroleum well drilling systems with the school of engineering technology in which CNX Gas Virginia division employees served as instructors."

Both Richardson and Myers are graduates of Bluefield State College and both have spent their entire careers with CONSOL Energy.

The CONSOL Energy gift represents the largest corporate gift in the 116-year history of the college, according to Roger Owensby, assistant professor and department head/mining engineering technology. "CONSOL Energy's endowment is particularly timely, because of the number of deserving students who aspire to careers in the energy field," Owensby said.

Frank Hart, dean of the BSC School of Engineering Technology & Computer Science, added, "CONSOL's support of engineering technology students spans almost 40 years. About 100 students have benefitted from their scholarships, and more than 60 have been employed by CONSOL Energy in its coal or gas operations." BSC graduates employed by CONSOL Energy have also contributed to the scholarship as a means of assisting upcoming professionals following in their footsteps.

Funds raised are invested in the endowment, a percentage of which, set by the BSC Foundation, is awarded to a deserving engineering technology student each year, distributed at fall and spring semester, in perpetuity.

Students selected to receive the scholarship must be full-time students enrolled in an engineering technology field of study; possess a GPA of 3.0 or better; have a career interest in the energy field; and be a resident of Virginia or West Virginia.

About CONSOL Energy

CONSOL Energy Inc., the leading diversified fuel producer in the Eastern U.S., is a member of the Standard & Poor's 500 Equity Index and the Fortune 500. It has 11 bituminous coal mining complexes in five states and reports proven and probable coal reserves of 4.4 billion tons. It is also a leading Eastern U.S. gas producer, with proved reserves of over 3.7 trillion cubic feet. Additional information about CONSOL Energy can be found at its web site: http://www.consolenergy.com.