23738--3/2/2006--CONSOLIDATED_NATURAL_GAS

related topics

{operation, natural, condition}

{capital, credit, financial}

{cost, regulation, environmental}

{regulation, change, law}

{gas, price, oil}

{personnel, key, retain}

{loss, insurance, financial}

Our operations are weather sensitive. We are subject to complex governmental regulation that could adversely affect our operations. Costs of environmental compliance, liabilities and litigation could exceed our estimates, which could adversely affect our results of operations. The use of derivative instruments could result in financial losses and liquidity constraints. Our exploration and production business is dependent on factors that cannot be predicted or controlled and that could damage facilities, disrupt production or reduce the book value of our assets. An inability to access financial markets could affect the execution of our business plan. Changing rating agency requirements could negatively affect our growth and business strategy. Potential changes in accounting practices may adversely affect our financial results. Failure to retain and attract key executive officers and other skilled professional and technical employees could have an adverse effect on our operations.

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23738--3/2/2006--CONSOLIDATED_NATURAL_GAS_CO/VA