Cabot Oil & Gas Announces New Vice President

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Cabot Oil & Gas Announces New Vice President
    HOUSTON, July 31 /PRNewswire-FirstCall/ -- Cabot Oil & Gas Corporation
(NYSE: COG) today announced that its Board of Directors has elected Thomas S.
Liberatore, age 46, to the position of Vice President, Regional Manager,
Eastern region.  Liberatore will continue to report to Mike Walen, Senior Vice
President, Exploration and Production, and is responsible for exploration and
production activities in the East.
    Liberatore joined Cabot in January 2002 as Regional Manager, East.  Before
coming to Cabot, he served as vice president exploration and production for
North Coast Energy.  He began his career as a geologist and has held various
positions of increasing responsibility for Presidio Oil Company and Belden &
Blake Corporation.
    "With his extensive industry knowledge and experience, Tom has made
significant progress in directing our activity in the East," said Dan O.
Dinges, Chairman, President and Chief Executive Officer.  "He has done an
outstanding job in bringing in new ideas and concepts for implementation and
stimulating growth in the region.  We are quite pleased to have such an
accomplished professional on our management team."
    Liberatore received his B.S. in Geology from West Virginia University.  He
is a member of the American Association of Petroleum Geologists and has held
numerous positions, including president and treasurer, for the Independent Oil
and Gas Association of West Virginia.  Liberatore is also a member of several
additional regional professional organizations.
    Cabot Oil & Gas Corporation, headquartered in Houston, Texas, is a leading
independent natural gas producer with substantial interests in the Gulf Coast,
including Texas and Louisiana; the West, with the Rocky Mountains and Mid-
Continent; and the East.  For additional information, visit the Company's
Internet homepage at http://www.cabotog.com .
    The statements regarding future financial performance and results and the
other statements which are not historical facts contained in this release are
forward-looking statements that involve risks and uncertainties, including,
but not limited to, market factors, the market price (including regional basis
differentials) of natural gas and oil, results of future drilling and
marketing activity, future production and costs and other factors detailed in
the Company's Securities and Exchange Commission filings.
SOURCE Cabot Oil & Gas Corporation
http://www.cabotog.com
CONTACT:
Scott Schroeder of Cabot Oil & Gas
Corporation, +1-281-589-4993