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Cabot Oil & Gas Announces New Director and President
Sep 8, 1997

HOUSTON, Sept. 8 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG) announced today that Ray R. Seegmiller has been elected a Director of the Company, President and Chief Operating Officer. In his new position, Mr. Seegmiller will continue to oversee the operations, business development, engineering and financial activities of the Company. Charles P. Siess, Jr., will continue in the position of Chairman and Chief Executive Officer. Siess stated that, "The board of directors and I, being pleased with the existing management team's success, want to recognize Mr. Seegmiller's leadership and the progress his management team has achieved. Going forward, Mr. Seegmiller will continue to report to me handling the day-to-day operations of the Company, while I will continue to focus on the overall strategic direction of the organization."

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 .
SOURCE Cabot Oil & Gas Corporation
CONTACT: Scott Schroeder of Cabot Oil & Gas Corporation, 281-589-4993