CNX Signs Lease Deal With CDX, Ending Patent Suit

Law360 (June 3, 2008, 12:00 AM EDT) -- CNX Gas Corp. has settled a lengthy patent dispute with natural gas competitor CDX Gas Co. LLC, agreeing to lease technology from CDX, whose patents for horizontal well designs remain valid and enforceable, the companies said Monday.

The terms of the settlement remain confidential, but the deal does not require CNX to pay any cash consideration to CDX for its previous drilling activities, CDX announced.

The gas companies have agreed to enter into joint venture arrangements with respect to several properties and they look forward to...
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