GeoMet, Inc. is an independent energy company primarily engaged in the exploration for and development and production of natural gas from coal seams (coalbed methane or CBM) and non-conventional shallow gas. The Company�s principal operations and producing properties are located in the Cahaba and Black Warrior Basins in Alabama and the central Appalachian Basin in Virginia and West Virginia. The Company also owns additional coalbed methane and oil and gas development rights, principally in Alabama, Virginia, West Virginia, and British Columbia. As of December 31, 2011, the Company owned a total of approximately 195,000 net acres of coalbed methane and oil and gas development rights. On June 14, 2013, GeoMet Inc announced that it has closed the sale of all of its coal bed methane properties located in the state of Alabama.