Cabot Oil & Gas (COG) provides an operations update, announcing success in its initial...

|About: Cabot Oil & Gas Corporation (COG)|By:, SA News Editor

Cabot Oil & Gas (COG) provides an operations update, announcing success in its initial Pearsall effort, continued Marcellus momentum and a breakthrough in long-awaited gathering permits. The Pearsall well had an initial production rate of more than 1,400 boe/day; COG is completing a second well and drilling three more. (Q3 earnings)