Cabot Oil & Gas Sr. VP, COO Michael Whalen to retire

Cabot Oil & Gas Corporation (COG) today announced that Michael B. Walen, its Senior Vice President and Chief Operating Officer has indicated his intention to retire from the Company on May 1, 2010. Walen has been an employee of Cabot Oil & Gas for nearly 23 years and has lived and worked in all of the Company's producing regions.

Walen started out as a geologist in the Company's Denver office before moving to Pittsburgh as Exploration Manager and then to Houston. He became an officer in 1998 while running the Gulf Coast regional office, was promoted in February 2001 to Senior Vice President, Exploration and Production in charge of all regions and became Chief Operating Officer in February 2006. Walen, age 61, has been very instrumental in Cabot's strategic direction since joining Cabot.

"His background of having operating experience in each of Cabot's regions has been a big contributor to our investment decisions over my tenure," said Dan O. Dinges, Chairman, President and Chief Executive Officer. 

"Mike has done a tremendous job in putting Cabot in the right spots including east Texas and most recently our Pennsylvania position for the Marcellus. The team he has assembled provides us with a deep bench of talent to continue the initiatives he started." Dinges added, "I have thoroughly enjoyed working with Mike and I wish him all the best in his retirement. He deserves to enjoy the many fruits of his labor." 

In 2009 Cabot streamlined the Company into two regions from four, and included the addition of two new vice president, regional managers. Walen's direct reports will continue in the same capacity now reporting to Mr. Dinges.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs