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Cabot Oil & Gas Announces New Vice President
Sep 20, 1999

HOUSTON, Sept. 20 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG) announced today its Board of Directors elected Robert R. McBride, Jr., age 43, to the position of Vice President and Regional Manager. In this capacity, McBride will oversee exploration and production activities in the Company's Western region, which includes the Rocky Mountains and Mid-Continent areas, and will report to H. Baird Whitehead, Senior Vice President.

McBride joins Cabot after serving as president and general manager for Pennzoil Venezuela Corporation S.A. in Caracas. He previously held positions of increasing responsibility at American Exploration Company and Tenneco. McBride, who received his B.S. in Petroleum Engineering from the University of Southwestern Louisiana, is a registered professional engineer in the state of Texas.

"With his extensive management experience and industry knowledge, Bob is well qualified to lead our Western region where we have substantial growth opportunities," said Ray R. Seegmiller, Chairman and CEO. "Under his leadership we expect to expand our exploration and production activities in the Rocky Mountains, while maximizing the returns in the Mid-Continent basin."

Cabot Oil & Gas Corporation, headquartered in Houston, Texas, is a leading domestic independent natural gas producer and marketer with substantial interests in Appalachia, the Mid-Continent, Rocky Mountains and Gulf Coast. For additional information, visit the Company's internet home page 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 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.
SOURCE Cabot Oil & Gas Corporation
Web site: http: //www.cabotog.com
Company News On-Call: http: //www.prnewswire.com/comp/129660.html or fax, 800-758-5804, ext. 129660
CONTACT: Scott Schroeder of Cabot Oil & Gas Corporation, 281-589-4993