HOUSTON, May 2 /PRNewswire-FirstCall/ -- Cabot Oil & Gas Corporation's
(NYSE: COG) Board of Directors today announced the formal election of Dan O.
Dinges to the positions of Chairman of the Board, President and Chief
Executive Officer. Dinges joined the Company last September as President and
Chief Operating Officer and was identified in February as the successor to Ray
Seegmiller who today retired as Chairman and CEO. Seegmiller and Charles P.
Siess, Jr., Cabot's former Chairman, both retired from the Board of Directors
at the close of today's Board meeting, reducing the Company's Board to nine
"We truly appreciate Ray and Charley's contributions to Cabot over the
years and are grateful for their leadership," said Dan O. Dinges, Chairman and
CEO. "Since 1995, Cabot has changed dramatically and we sincerely appreciate
their guidance in the evolution of Cabot Oil & Gas to a more exploration-
Cabot Oil & Gas Corporation, headquartered in Houston, Texas, is a leading
domestic independent natural gas producer and marketer with substantial
interests on the Gulf Coast, including onshore Texas and Louisiana; the West,
with the Rocky Mountains and Mid-Continent; and the East. 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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SOURCE Cabot Oil & Gas Corporation
Web site: http: //www.cabotog.com
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CONTACT: Scott Schroeder of Cabot Oil & Gas Corporation, +1-281-589-4993