HOUSTON, Oct. 18 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG)
announced today that its Board of Directors has elected R. Scott Butler, age
46, to the position of Vice President, Regional Manager, Western Region, and
A. F. (Tony) Pelletier, age 49, to the position of Vice President, Regional
Manager, Gulf Coast Region. Butler and Pelletier report to Mike Walen, Senior
Vice President, Exploration and Production, and are responsible for
exploration and production activities in their respective regions.
Butler joined Cabot in 1998 as Director of Exploration and was named
Regional Manager, Western Region, in February of this year. He came to Cabot
following a 19-year career with Chevron where he served in roles of increasing
responsibility focusing on exploration in the lower 48 states. Butler holds a
bachelor's degree from Stanford University and a master's from the University
of Nevada at Reno, both in geology. He is a member of the American
Association of Petroleum Geologists and serves as a director-at-large for the
Independent Petroleum Association of Mountain States.
Pelletier joined the Company in April as Regional Manager, Gulf Coast.
Before coming to Cabot, he held positions of increasing responsibility at
PetroCorp Incorporated, most recently as Executive Vice President and Chief
Operating Officer. Prior to that, he worked at Exxon Company USA in a variety
of engineering and supervisory capacities. Pelletier holds a B.S. in
Mechanical Engineering and a master's in Civil Engineering, both from Texas
A&M University. He is a registered professional engineer in the state of
"With their extensive industry knowledge and experience both Scott and
Tony have already made significant progress in accomplishing our longer-term
objectives in the Western and Gulf Coast regions," said Ray Seegmiller,
Chairman and Chief Executive Officer. "Scott has been instrumental in
expanding our exploration efforts in the Rocky Mountains, while Tony assumed
an active role in the merger with Cody Company and our ongoing exploration
efforts along the Gulf Coast. We are quite pleased to have such seasoned
professionals on our management team."
Cabot Oil & Gas Corporation, headquartered in Houston, Texas, is a leading
domestic independent natural gas producer and marketer with substantial
interests in the onshore Texas and Louisiana Gulf Coast, Rocky Mountains,
Appalachia and Mid-Continent. For additional information, visit the Company's
Internet homepage at www.cabotog.com .
The statements regarding future financial performance and results and the
other statements which are not historical facts contained in this release are
forward-looking statements that involve risks and uncertainties, including,
but not limited to, market factors, the market price (including regional basis
differentials) of natural gas and oil, results of future drilling and
marketing activity, future production and costs and other factors detailed in
the Company's Securities and Exchange Commission filings.
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CONTACT: Scott Schroeder of Cabot Oil & Gas Corporation, +1-281-589-4993