Susquehanna County’s Great Economic Revival

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In This Issue

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RoyaltiesTax RevenueRoad ImprovementLocal Economic Growth

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Investing $1.5 Billion So Far

Cabot Oil & Gas Corporation is proud to be playing a vital role in the incredible economic turnaround that’s having a positive impact on both the residents and businesses of Susquehanna County and beyond. In fact, since starting operations in this region, we’ve invested over $1.5 billion in our community.

And the great news is...this is just the beginning!

Millions Paid in Royalties Cabot has already paid millions of dollars to Susquehanna County landowners in the form of natural gas royalty and lease payments. This money creates a prosperous domino effect as landowners spend their new income on goods and services within the community.

Funding Local EducationGas lease and royalties also bring economic benefi ts to those in the community who don’t receive payments directly – like the residents of the Elk Lake School District. The district receives gas royalties from leased land. This extra income is helping keep taxes lower and allowing the school to plan for future expansions and upgrades at a time when state education budgets are being drastically reduced.

Creating Greater Tax RevenueCabot’s activities in the Marcellus Shale also have fi nancial benefi ts in the form of increased tax revenue. Not only do we contribute a signifi cant amount of money each year in the form of Pennsylvania corporate taxes, but portions of landowners’ royalty payments help the public good by increasing the tax base of both Susquehanna County and Pennsylvania as a whole.

Better Roads for EveryoneIn order for the local economy to thrive, a dependable infrastructure is essential. That’s why Cabot has invested over $18 million to date on improving and maintaining Susquehanna County roads for the safe and effi cient transportation of goods and services.

To view a video on Cabot and Economic Development, use your smartphone to photograph this QR code or visit http://www.youtube.com/watch?v=RRNdF-XNJvI

“Our employees live here. We live here. And we want to have the community we call home be prosperous.”

George Stark Director External Affairs Cabot Oil & Gas Corporation

Better Roads for EveryoneIn order for the local economy to thrive, a dependable infrastructure is essential. That’s why Cabot has invested over $18 million to date on improving and maintaining Susquehanna County roads for the safe and

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CNGCompressedNatural Gas

In 2011, PA’s natural gas

industry generated over $12.8 billion in economic activity.

New Prosperity for All Kinds of BusinessesAt Cabot, we’ve hired hundreds of local employees and partnered with many Susquehanna County companies that help us develop the natural gas resources of the Marcellus Shale. But our activities are also creating a hub of economic growth that’s bringing prosperity to a range of other local businesses that serve a variety of markets – from stores and restaurants to hotels, car dealerships, housing developers, insurance companies and more.

But don’t take our word for it. Take theirs!

Andre & Son, Inc. – Joe Andre, Owner“We’re a farm-oriented business and we’ve been supplying seed mixtures used in Cabot’s land restoration efforts and providing advice. We have a very good business relationship with Cabot.”

Elk Lake Filling Station – Bill and Lori Davis, Owners “Since purchasing our station four years ago, business has been booming. We’ve almost doubled our staff and provided additional seating to better serve our customers.”

Hawk Insurance Agency – Jeffery B. Tyler, Partner & Agent“Thanks to Cabot, our business is growing in unexpected ways. The natural gas industry has brought new life to the area.”

The Inn at Montrose – Gretchen Backer, Owner“The natural gas industry is helping us on a daily basis. Our hotel is full and our waitresses and cooks are busy. We’ve tripled our amount of employees and demand is still rising.”

Lockhart’s Convenient Store – Dan Lockhart, Owner“We wouldn’t be here if it weren’t for the natural gas industry. It saved us from going out of business and has done so much good for the local economy.”

A Brighter Future...For All of UsAt Cabot, we’re proud to play a part in helping America develop its vast domestic energy resources. And we’re equally pleased to have such a positive economic impact on the residents and locally owned businesses of the Susquehanna County region.

@CabotOG cabotsusquehanna

John EdmondsFinancial Analyst – North Region

With 32 years of industry experience, John has been with Cabot for over 11 years and currently serves as a fi nancial analyst.

The position means wearing a lot of hats and keeping a lot of plates spinning as information is collected from all departments to help prepare the annual budget and forecasts for revenue, expenses and capital for the North Region of Cabot’s operations. Responsibilities extend to overseeing a range of accounting and fi nancial matters, always making sure proper accounting practices and regulations are followed.

The Financial Analyst also serves as the project manager for offi ce space build outs, working with architects, general contractors, electricians and more to ensure the effi cient construction and furnishing of new offi ce structures.

John likes the fast pace and the constant challenge of providing support for so many departments and says he enjoys working in a region “with so much beautiful country and such a great community.”

the annual budget and forecasts for revenue, expenses and

With 32 years of industry experience, John has

Meet the Cabot Crew

Cabot Oil & Gas Corporation is an independent natural gas producer and a leading developer of the natural gas supply contained in the Marcellus Shale in

Susquehanna County, Pennsylvania.

Visit www.cabotog.com to learn more.

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