Cabot Oil & Gas Corporation is an independent oil and gas company engaged in the development, exploitation and exploration of oil and gas properties. The Company’s exploration, development and production operations are primarily concentrated in two plays: the Marcellus Shale in northeast Pennsylvania and the Eagle Ford Shale in south Texas. The Company also has non-core operations in various other unconventional and conventional plays throughout the continental United States, which including the Utica Shale in Pennsylvania, the Pearsall Shale in south Texas; the Cotton Valley, Haynesville, Bossier, and James Lime formations in east Texas; the Devonian Shale, Big Lime, Weir and Berea in West Virginia, and the Frio, Vicksburg and Wilcox formations in south Texas. The Company’s assets are concentrated in areas with hydrocarbon resources, which are conducive to multi-well, repeatable drilling programs.

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