Seneca Resources Corporation Affirms Production Guidance

Seneca Resources Corporation (“Seneca”) a wholly-owned subsidiary of National Fuel Gas Company (NYSE: NFG) (“National Fuel”) has affirmed its production guidance following the temporary suspension of Pennsylvania drilling and completion operations by its joint-venture partner, EOG Resources, Inc. (“EOG”). The temporary suspension will have no impact on Seneca’s production guidance of 46-51 billion cubic feet equivalent (“Bcfe”) for fiscal 2010.

Matthew D. Cabell, President of Seneca, stated, “The contribution to our overall production for the year from the EOG wells was expected to be small. The EOG joint-venture covers only a portion of our acreage and this temporary suspension will not have any material effect on our fiscal 2010 production. We continue to have good success on our Seneca-operated wells, with our median IP rate at over 7 million cubic feet per day (“Mmcfd”). We are affirming our production guidance of 46-51 Bcfe and expect to finish the year near the high end of that range.”

National Fuel is an integrated energy company with $5.0 billion in assets comprised of the following four operating segments: Exploration and Production, Pipeline and Storage, Utility, and Energy Marketing. Seneca, the exploration and production segment of National Fuel Gas Company, explores for, develops and purchases natural gas and oil reserves in California, the Appalachian region and in the Gulf Coast region of Texas and Louisiana. Additional information about National Fuel and its operations is available at www.nationalfuelgas.com or by calling its Investor Service at 1-800-334-2188.

Certain statements contained herein, including those that are identified by the use of the words “anticipates,” “estimates,” “expects,” “forecasts,” “intends,” “plans,” “predicts,” “projects,” “believes,” “seeks,” “will,” “may” and similar expressions, are “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties, which could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements. The Company’s expectations, beliefs and projections contained herein are expressed in good faith and are believed to have a reasonable basis, but there can be no assurance that such expectations, beliefs or projections will result or be achieved or accomplished. In addition to other factors, the following are important factors that could cause actual results to differ materially from those discussed in the forward-looking statements: financial and economic conditions, including the availability of credit, and their effect on the Company’s ability to obtain financing on acceptable terms for working capital, capital expenditures and other investments; changes in economic conditions, including global, national or regional recessions, and their effect on the demand for, and customers’ ability to pay for, the Company’s products and services; the creditworthiness or performance of the Company’s key suppliers, customers and counterparties; economic disruptions or uninsured losses resulting from terrorist activities, acts of war, major accidents, fires, hurricanes, other severe weather, or other natural disasters; changes in the availability and/or price of natural gas or oil, and the effect of such changes on natural gas or oil production levels; significant differences between projected and actual natural gas or oil production levels; uncertainty of natural gas and oil reserve estimates; factors affecting the Company's ability to successfully identify, drill for and produce economically viable natural gas and oil reserves, including among others geology, lease availability, weather conditions, shortages, delays or unavailability of equipment and services required in drilling operations, insufficient gathering, processing and transportation capacity, and the need to obtain governmental approvals and permits and comply with environmental laws and regulations; changes in laws and regulations to which the Company is subject, including energy, environmental, tax, safety and employment laws and regulations; governmental/regulatory actions, initiatives and proceedings; significant changes in the Company’s relationship with its employees or contractors and the potential adverse effects if labor disputes, grievances or shortages were to occur; or the cost and effects of legal and administrative claims against the Company. The Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

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