Consol Energy Inc. - 2011-03-03

Plans to sell $250 million of 6.375% senior notes due 2021 in the previously announced private offering, resulting in net proceeds of approximately $245 million.

The company plans to use the net proceeds of the notes offering to pay its outstanding 7.875% senior secured notes due March 1, 2012 on or before their maturity. Proceeds may also be used to reduce outstanding debt and for general corporate purposes.