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CABOT OIL & GAS ANNOUNCES CONSOLIDATION OF EASTERN REGION OFFICES

 CABOT OIL & GAS ANNOUNCES CONSOLIDATION OF EASTERN REGION OFFICES
 HOUSTON, Sept. 24 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG) today announced the consolidation of its Charleston, W.Va., and Pittsburgh regions. Headquarters for the newly formed Appalachian Region will be in Pittsburgh. Many of the Charleston employees will be offered transfers to Pittsburgh. The company will maintain a marketing office in Charleston. There will be no impact on the three West Virginia district offices.
 According to Charles P. Siess, Jr., president and chief executive officer, "This consolidation allows us to more effectively use our people to pursue our business strategy. It will also allow us to reinvest a higher percentage of our revenue in drilling if justified by industry economics. We plan to continue our growth in West Virginia as illustrated by our recently announced acquisition of the CNG Transmission Corporation properties."
 H. Baird Whitehead, vice president, regional manager of the Anadarko Region, will become the regional manager of the new Appalachian Region. Curtis P. Cook, vice president, Charleston regional manager, will relocate to Oklahoma City and manage the Anadarko Region. James M. Trimble, vice president, Pittsburgh regional manager, will move to Houston as vice president, business development, to pursue the company's growth opportunities. These changes will be effective Nov. 2.
 Cabot Oil & Gas is a leading U.S. independent natural gas producer and marketer headquartered in Houston, with regional offices in Pittsburgh and Oklahoma City.
 -0- 9/24/92
 /CONTACT: Roger Klatt, 713-589-4636, or Steve Tholen, 713-589-4696, both of Cabot Oil & Gas/
 (COG) CO: Cabot Oil & Gas ST: Texas, Pennsylvania, West Virginia IN: OIL SU: PER


CH -- NE006 -- 3111 09/24/92 12:43 EDT
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Publication:PR Newswire
Date:Sep 24, 1992
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