Cabot Oil & Gas say flash fire extinguished itself immediately

Friday, March 30, 2012
  • The cause of the fire is being investigated and fortunately all personnel are safe and accounted for.

Cabot Oil & Gas Corporation (NYSE: COG) announced that it has been notified by Williams of a flash fire, which extinguished itself immediately, at the Lathrop compressor station. "The cause of the fire is being investigated and fortunately all personnel are safe and accounted for," said Dan O. Dinges, Chairman, President and Chief Executive Officer. At the time of this incident Cabot was moving volumes that equate to approximately 365 Mmcf per day through this station. "The investigation has just begun as to equipment damage, if any, the length of disruption or potential impact. As more information becomes readily available, we will communicate through a press release," added Dinges.

This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. More

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