HOUSTON, July 24 /EMWNews/ -- Cabot Oil & Gas Corporation

(NYSE: COG) today announced that its Board of Directors declared a regular

dividend of three cents ($0.03) per share on the Company's common stock.

The dividend will be paid August 22, 2008, to all shareholders of record as

of the close of business August 8, 2008.



    Cabot Oil & Gas Corporation, headquartered in Houston, Texas, is a

leading independent natural gas producer with substantial interests in the

Gulf Coast, including Texas and Louisiana; the West, with the Rocky

Mountains and Mid- Continent; the East and in Canada. For additional

information, visit the Company's Internet homepage at

http://www.cabotog.com.