GeoMet, Inc. is engaged in the exploration, development and production of natural gas from coal seams (CBM). The Company operates in the Central Appalachian Basin of Virginia and West Virginia. The Company is the operator of 298 producing vertical CBM wells in which it owns a 99.0% average working interest in the Pond Creek and Lasher fields located in southern West Virginia and southwestern Virginia. As of December 31, 2013, approximately 91% of its estimated proved developed reserves, or 92.5 billion cubic feet, is in the Pond Creek field. The Company also owns and operates a 12 mile, 8 inch high-pressure steel pipeline and gas treatment and compression facilities. In addition, the Company owns and operates a disposal well to dispose of produced water from both the Pond Creek and Lasher fields. The Company is the operator of 44 producing pinnate horizontal CBM wells in which it owns 71.6% average working interest in central and northern West Virginia.