Corporate Social Responsibility | Business Wire | PR NewsWire | Marketwire | Realwire | ACN/JCN newswire | 247pressrelease | PRWeb

Cabot Oil & Gas Enters Agreement With the Pennsylvania Department of Environmental Protection

Posted : Thu, 05 Nov 2009 02:33:16 GMT
Author : Cabot Oil & Gas Corporation
Category : Press Release
News Alerts by Email ( click here )
News | Home
HOUSTON, Nov. 4 TX-COG-AgreementPADEP

HOUSTON, Nov. 4 /PRNewswire-FirstCall/ -- Cabot Oil & Gas Corporation (NYSE: COG) today reported that it has entered a Consent Order and Agreement (CO&A) with the Pennsylvania Department of Environmental Protection (PADEP) assuring that it is in agreement with the PADEP concerning drilling and hydrofracturing activities going forward in an approximate nine-square-mile area in Susquehanna County, Pennsylvania. That area was identified by PADEP due to concerns with the presence of methane in groundwater supplies. None of the Company's activities outside that area are affected by this agreement or were in question. As set forth in the CO&A, the Company has also agreed to provide a temporary water supply or treatment device to 13 homes in the nine-square-mile area. By taking these precautionary measures, the Company and PADEP are assured that the safety and health of the residents in the area are fully protected while the investigation of causes of methane in the ground water continues.

Dan Dinges, Chairman, President and CEO of the Company stated, "As you may recall, this matter relates to the early 2009 investigation of whether the Company's operations could have allowed shallow natural gas to migrate into the ground water supply. I am pleased with the outcome of this matter as it gives us further assurance that there will be no interruption in our ongoing operations while fully protecting the environment and residents nearby to our drilling activities."

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.

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.

    FOR MORE INFORMATION CONTACT
    Ken Komoroski - 412-355-6556

SOURCE Cabot Oil & Gas Corporation


Copyright © 2008 PR Newswire. All rights reserved.

Share/Save/Bookmark

Article : Cabot Oil & Gas Enters Agreement With the Pennsylvania Department of Environmental Protection
Print this article
Share this article

Stay Updated

News gadget on your Google homepage
Subscribe to a news feed in Google Reader



Related News

How to Get Your Allergies under Control!
Allergies are common occurrence and we mostly ignore it as a momentary irritation. But allergies can be life threatening. Children are also allergic to substances. There is no cure for this condition, however there are ways to relieve the symptoms or even prevent them from occurring.

Research and Markets: Dairy Products in Finland
DUBLIN - Research and Markets (

Research and Markets: Oman Commercial Banking Report Q4 2009
DUBLIN - Research and Markets (

Make Your Holiday Season “Greener” This Year – at Home and On the Go
Green Mountain Energy Company offers tips for a greener holiday season/I/P PAustin, Texas (Vocus) November 25, 2009 -- With Thanksgiving almost here that means the holiday season is upon us. While this time of year brings good cheer for most people, it also brings a lot more solid waste...

Students Get a Creative Edge with Scrapbook MAX 2.0 Digital Scrapbooking Software
Developed in consultation with professional educators, the new Scrapbook MAX 2.0 School Bundle gives students and parents a creative way to scrapbook important school memories./I/P P(PRWEB) November 25, 2009 -- The new a href= http://www.scrapbookmax.com/teachers-educators-scrapbooking...

Lulu's Restaurant in Kihei-Maui,Changes Ownership
Lulu's in Kihei,Maui changed ownership on October 6,2009 and was purchased by a CA based restaurant management company./I/P P(PRWEB) November 24, 2009 -- Lulu's Restaurant in Kihei- One of the most popular restaurants in Maui changed ownership on October 6,2009. The restaurant is locate...

World's First iPhone™ Game To Record Global Reaction Times
In the past it has been very difficult to accurately measure reaction times but now iPhone™ technology has made this possible. The release of the iPhone™ game 'BATAK Duel' is a major step forward in the analysis of how fast people can react to different visual stimuli./I/P P...

Have your Say
Name
Email
Subject
Your Comment

Enter Verification code
 
  

 
Follow The Earth Times
Subscribe to RSS Follow Earth Times on TwitterNews by email
Share/Save/Bookmark
 
 



 
Subscribe to free Earthtimes
News Alerts by Email Click here
For RSS Feeds Click here
or Create your own RSS

Add to Google Toolbar
Breaking News
Press Releases

 


The Earth Times
News Category

© 2009 www.earthtimes.org, The Earth Times, All Rights Reserved | Privacy Policy
Earth Times accept no responsibility or liability either directly or indirectly for views or opinions expressed in articles or comments.