We are thrilled to announce a major change in our company! As of Friday, October 1st, the merger between Cabot Oil & Gas Corporation and Cimarex Energy Co. has closed. This resulted in our two companies coming together to form the new E&P company, Coterra Energy.
Coterra combines two organizations full of amazing people with decades of experience in our industry. Our senior leadership team and Board of Directors will now be made up of members of each legacy company, bringing a level of expertise, perspectives, and industry knowledge that is unparalleled. Under their leadership, we will continue to focus on operating accountably, sustainably and safely.
This strategic move has put us in a great position for the next phase of the shale revolution. We now have over 700,000 net acres spread across the Marcellus, Permian, and Anadarko basins, giving us access to some of the best natural gas and oil assets in the country.
This is just the beginning. We’ll continue to strive for excellence as our teams blend and we expand our operations. Most importantly, our commitment to building better communities remains as one of our top priorities. If you have questions or would like to get in touch with us about this announcement, please use the form on our Contact Us page. We’d love to hear from you!
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For more detailed information on the merger, you can view the official press release here.