HOUSTON, Aug. 3, 2017 /PRNewswire/ -- Southwestern
Energy Company (NYSE:SWN) today announced that David Cecil will join the company as its
Executive Vice President of Corporate Development, responsible for
guiding the company's strategic direction and identifying and
capitalizing on growth opportunities, including business and
commercial development prospects.
Mr. Cecil joins Southwestern Energy from Lazard, where he has
served as Managing Director and Head of the North American E&P
group since 2012. He has extensive experience advising energy
companies on strategy, business development and capital allocation.
Previously, Mr. Cecil was Managing Director of Scotia Waterous
(USA), the oil and gas arm of
Scotiabank, where he led the U.S. energy investment banking
practice.
"We are excited about the depth of industry understanding and
experience that David brings to our leadership team and the
company," said Bill Way, President
and Chief Executive Officer of Southwestern Energy. "I have
had the pleasure of working closely with David over the past few
years on our financial stabilization strategy and implementation
plan. He knows SWN very well, and his insights and broad skill
set will help align and focus our strategic direction as we capture
the significant opportunities that lie ahead."
About Southwestern Energy
Southwestern Energy Company
is an independent energy company whose wholly owned subsidiaries
are engaged in natural gas and oil exploration, development and
production, natural gas gathering and marketing. Additional
information on the company can be found on the Internet at
http://www.swn.com.
Forward-Looking Statements
This news release contains
forward-looking statements. Forward-looking statements relate to
future events and anticipated results of operations, business
strategies, and other aspects of our operations or operating
results. In many cases you can identify forward-looking statements
by terminology such as "anticipate," "intend," "plan," "project,"
"estimate," "continue," "potential," "should," "could," "may,"
"will," "objective," "guidance," "outlook," "effort," "expect,"
"believe," "predict," "budget," "projection," "goal," "forecast,"
"target" or similar words. Statements may be forward looking even
in the absence of these particular words. Where, in any
forward-looking statement, the Company expresses an expectation or
belief as to future results, such expectation or belief is
expressed in good faith and believed to have a reasonable basis.
However, there can be no assurance that such expectation or belief
will result or be achieved. The actual results of operations can
and will be affected by a variety of risks and other matters
including, but not limited to, changes in commodity prices; changes
in expected levels of natural gas and oil reserves or production;
operating hazards, drilling risks, unsuccessful exploratory
activities; limited access to capital or significantly higher cost
of capital related to illiquidity or uncertainty in the domestic or
international financial markets; international monetary conditions;
unexpected cost increases; potential liability for remedial actions
under existing or future environmental regulations; potential
liability resulting from pending or future litigation; and general
domestic and international economic and political conditions; as
well as changes in tax, environmental and other laws applicable to
our business. Other factors that could cause actual results to
differ materially from those described in the forward-looking
statements include other economic, business, competitive and/or
regulatory factors affecting our business generally as set forth in
our filings with the Securities and Exchange Commission. Unless
legally required, Southwestern Energy Company undertakes no
obligation to update publicly any forward-looking statements,
whether as a result of new information, future events or
otherwise.
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SOURCE Southwestern Energy Company