Cabot Oil & Gas Corporation Comments on EPA Decision

USA - English

• India - English

HOUSTON, Jan. 26, 2012 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG) today announced that its Chairman, President and Chief Executive Officer, Dan O. Dinges, sent a letter to the United States Environmental Protection Agency (EPA) Administrator Lisa Jackson regarding the decision of the Agency to initiate a water sampling program in Dimock Township, Pennsylvania.  While Cabot is committed to working with the community and with regulators at all levels, it appears as though the EPA's decision is politically motivated and not based on a legitimate desire to address environmental concerns.  The letter to the EPA today is consistent with statements from the Pennsylvania Department of Environmental Protection that termed the EPA's understanding of the Dimock situation as 'rudimentary.'  We look forward to assisting the EPA as it refines its thinking regarding Dimock through better understanding of local geology, practices, and water quality.  For text of the letter, visit the Company's Internet homepage at www.cabotog.com.

Cabot Oil & Gas Corporation, headquartered in Houston, Texas is a leading independent natural gas producer with its entire resource base located in the continental United States. For additional information, visit the Company's Internet homepage at www.cabotog.com.

FOR MORE INFORMATION CONTACT
Scott Schroeder (281) 589-4993

SOURCE Cabot Oil & Gas Corporation