- Current report filing (8-K)
November 19 2010 - 3:34PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of
1934
Date of Report (Date of earliest event reported)
:
November 18, 2010
CABOT OIL & GAS CORPORATION
(Exact name of registrant as specified in its charter)
|
|
|
|
|
Delaware
|
|
1-10447
|
|
04-3072771
|
(State or other jurisdiction
of incorporation)
|
|
(Commission
File Number)
|
|
(IRS Employer
Identification No.)
|
|
|
Three Memorial City Plaza
840 Gessner Road, Suite1400
Houston, Texas
|
|
77024
|
(Address of principal executive offices)
|
|
(Zip Code)
|
Registrants telephone number, including area code: (281) 589-4600
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant
under any of the following (See General Instruction A.2 below):
¨
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
¨
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
¨
|
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|
¨
|
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
|
Item 7.01. Regulation FD Disclosure.
On November 18, 2010, Cabot Oil & Gas Corporation (the Company) issued a press release announcing the sale of
its Pennsylvania midstream assets to Williams Field Services Company, LLC (WFS), a subsidiary of Williams Partners L.P., for consideration of $150 million plus a 25-year gathering agreement. The Company expects the transaction to close
during December 2010, subject to normal and customary closing conditions and regulatory clearance.
The transaction involves
the Company selling approximately 75 miles of gathering pipelines and two existing compressor stations that the Company has installed and constructed over the last three years. The transaction also establishes a 25-year firm gathering arrangement
between the Company and WFS.
After the closing of the transaction, and as part of the new gathering arrangement, the Company
will increase its firm takeaway capacity to the Williams Partners Transco Pipeline just south of Susquehanna County to 350 Mmcf per day, from 150 Mmcf per day announced in February 2010.
The press release described above is furnished as Exhibit 99.1 to this Current Report. Exhibit 99.1 shall not be deemed to be
filed for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and will not be incorporated by reference into any registration statement filed under the Securities Act of 1933, as amended, unless
specifically identified therein as being incorporated therein by reference. The above description of the press release is qualified in its entirety by reference to the complete text of the press release furnished as Exhibit 99.1 hereto.
Item 8.01. Other Events
In the press release referenced in Item 7.01 above, the Company announced the sale of its Pennsylvania midstream assets to Williams Field Services Company, LLC. The disclosure in the first three
paragraphs of Item 7.01 above is incorporated by reference herein to this Item 8.01.
Item 9.01. Financial Statements and
Exhibits. Item 9.01 Financial Statements and Exhibits.
|
|
|
|
|
99.1
|
|
Press release issued by Cabot Oil & Gas Corporation dated November 18, 2010
|
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
|
|
|
|
|
|
|
|
|
|
CABOT OIL & GAS CORPORATION
|
|
|
|
|
Date: November 19, 2010
|
|
|
|
By:
|
|
/s/ Lisa A. Machesney
|
|
|
|
|
|
|
Lisa A. Machesney
|
|
|
|
|
|
|
Vice President, Managing Counsel &
Corporate Secretary
|
EXHIBIT INDEX
|
|
|
Exhibit
Number
|
|
Exhibit Description
|
|
|
99.1
|
|
Press release issued by Cabot Oil & Gas Corporation dated November 18, 2010
|
Cabot Oil and Gas (NYSE:COG)
Historical Stock Chart
From May 2024 to Jun 2024
Cabot Oil and Gas (NYSE:COG)
Historical Stock Chart
From Jun 2023 to Jun 2024