Cabot Oil & Gas (COG) Provides Operational Update
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Cabot Oil & Gas Corporation Provides Operational Update
October 7, 2020 4:15 PM EDTHOUSTON, Oct. 7, 2020 /PRNewswire/ --Â Cabot Oil & Gas Corporation (NYSE: COG) ("Cabot" or the "Company") today provided an operational update for the third quarter of 2020 and announced updated 2020 guidance.
Third Quarter 2020 Operational Update
"On September 18, 2020, Cabot commenced a strategic curtailment program in response to weakness in regional natural gas prices throughout Appalachia, resulting in an estimated average daily curtailment of approximately 372 million cubic feet equivalent (Mmcfe) per day of gross production during the last 13 days of the quarter," stated Dan O. Dinges, Chairman, President and Chief Executive... More
