$7.4 billion deal: Cimarex and Cabot Oil & Gas to merge

Combined company will have presence in major shale oil and gas plays

Changing approach: Cabot Oil & Gas will no longer be just a natural gas producers as it mergers with Cimarex. — Changing approach: Cabot Oil & Gas will no longer be just a natural gas producers as it mergers with Cimarex.Photo: AFP

Mark Passwaters

Houston

USA Cabot Oil & Gas Cimarex Energy Marcellus Permian Basin

Published 24 May 2021, 16:02Updated 25 May 2021, 13:49