Cabot Sees Further Strong Marcellus Shale Growth

摘要

Unperturbed by the continuing slump in US natural gas prices, Cabot Oil & Gas says it expects production growth of 30%-50% in 2014 as it concentrates on development of its acreage in the Marcellus Shale natural gas play in the US Northeast. "We have provided initial 2014 guidance to further reaffirm management's confidence in our ability to continue to provide best-in-class production growth in 2014," said Chief Executive Dan Dinges.