Natural gas producer Cabot Oil & Gas Corp. said Thursday that it will close its regional offices in Charleston, W.Va., and Denver, Colo., by the end of the summer, and open a new office in Pittsburgh.
In a statement, Chairman, President and Chief Executive Dan Dinges said the company plans to provide transfers to more than half the affected staff, with most asked to move to Pittsburgh.
The reason for the consolidation of operations in Pittsburgh is more drilling going on in the Marcellus Shale.
No comments:
Post a Comment