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Cabot Oil & Gas completes Pennsylvania Midstream sale


Published Dec 22, 2010
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Cabot Oil & Gas Corporation reports the completion of its midstream asset sale to Williams Field Services Company, LLC (WFS), a subsidiary of Williams Partners L.P. Cabot received the anticipated $150 million in proceeds.

"This closing is just the first step in our long-term venture with Williams Partners to develop our outstanding Marcellus acreage position and provide decades of clean-burning natural gas supplies to power our nation," said Dan O. Dinges, Chairman, President and Chief Executive Officer. "I commend both teams for initiating this win-win deal."

Tags: Cabot Oil & Gas Corporation



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