On their website located at http://www.cabotog.com/, Cabot Oil and Gas says that as of December 31, 2006 their company has has over 1.4 Trillion cubic feet equivalent in proved reserves in four core of North America: Gulf Coast, West (Rocky Mountains and Mid-Continent), East and Canada.
On their website located at http://www.cabotog.com/, Cabot Oil and Gas says that approximately 97% of their reserves and 90% of their production are natural gas.
On their website located at http://www.cabotog.com/, Cabot Oil and Gas says that it operates approximately 2,700 miles of pipeline and 4 billion cubic feet of storage capacity in its East (United States) region.
Cabot Oil & Gas reports on its website that it continues to expand its production base due to active development programs in all regions. Cabot Oil & Gas' exploration effort is designed to provide multiple offset development opportunities.
Cabot Oil & Gas reports on its website that maintains the financial flexibility to pursue other opportunities due to a strong balance sheet.
Monday, August 13, 2007
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