News Release

Cabot Oil & Gas Officer Resigns
 

HOUSTON, Feb. 27 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG) announced today the resignation of Edgar J. Milan, Vice President and Chief Financial Officer of the Company. Mr. Milan intends to pursue other interests.

Chairman and Chief Executive Officer, Charles P. Siess said, "We appreciate Mr. Milan's service and the contributions he made to the Company during his tenure. We wish him the best in his future endeavors."

Cabot Oil & Gas Corporation, headquartered in Houston, Texas, is a leading domestic independent natural gas producer and marketer with substantial interests in the Appalachia, Anadarko, Rocky Mountain and Gulf Coast regions. For additional information about the Company, visit COG's internet home page at http:// www.cabotog.com.
SOURCE Cabot Oil & Gas Corporation
CONTACT: Scott Schroeder of Cabot Oil & Gas Corporation, 281-589-4993 CNOC: http: //www.prnewswire.com or fax, 800-758-5804, ext. 129660 WEBSITE: http: //www.cabotog.com