Cabot Oil & Gas reaffirms production guidance - BusinessWeek

By
Viraj
on September 17, 2011 4:24 PM | | TrackBacks (0)
Cabot Oil & Gas Corp. said Friday its third-quarter production guidance has not been affected by operational challenges tied to moving gas in northeast Pennsylvania, which has experienced flooding.

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The Houston company said it accounts for some level of disruption in its published guidance. It expects 521 million to 567 million cubic feet per day equivalent in the third quarter for combined oil and gas production. For the fourth quarter, it expects 562 million to 608 million cubic feet per day equivalent, a projection that includes some risk to production levels expected from a couple new pipelines, which have been affected by the weather.

Cabot Oil & Gas reaffirms production guidance - BusinessWeek

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