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Cabot Oil & Gas Declares Dividend
Apr 28, 2009

HOUSTON, April 28 /PRNewswire-FirstCall/ -- Cabot Oil & Gas Corporation (NYSE: COG) today announced that its Board of Directors declared a regular dividend of three cents ($0.03) per share on the Company's common stock. The dividend will be paid May 26, 2009, to all shareholders of record as of the close of business May 12, 2009.

Cabot Oil & Gas Corporation, headquartered in Houston, Texas, is a leading independent natural gas producer with substantial interests in the Gulf Coast, including Texas and Louisiana; the West, with the Rocky Mountains and Mid-Continent; and in the East. For additional information, visit the Company's Internet homepage at www.cabotog.com.

SOURCE Cabot Oil & Gas Corporation

CONTACT: Scott Schroeder of
Cabot Oil & Gas Corporation,
+1-281-589-4993