December 30, 2016 / 3:32 PM / a year ago

BRIEF-Cabot Oil & Gas provides update on Atlantic Sunrise Project

Dec 30 (Reuters) - Cabot Oil & Gas Corp :

* Cabot Oil & Gas Corporation provides update on Atlantic Sunrise Project, announces gas sale and purchase agreement

* Issuance of final EIS is a key step toward FERC’s final decision on project, which is expected in early 2017

* Williams Partners anticipates beginning construction in mid-2017, allowing for a full in-service of project in mid-2018

* Also reported execution of a new definitive gas sale and purchase agreement with an undisclosed company

* Has agreed to sell additional 150,000 MMBTU/day of natural gas for 3 years commencing on full in-service of Atlantic Sunrise Project

* To increase committed sales on atlantic sunrise project utilizing capacity subscribed to by co or by third parties to about 1 BCF/day Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below