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Coterra Scales Back in Marcellus in 1Q in Favor of More Oil Drilling

Coterra Energy, formed by the merger of Cabot Oil & Gas (drills for natural gas in the Marcellus) and Cimarex Energy (drills for oil in the Permian and Anadarko basins), issued its first quarter 2024 update on Friday. The company turned in respectable financial numbers, making a profit of $352 million in 1Q24, albeit down

May 6, 2024 | Marcellus Drilling News

May 6, 2024 | Marcellus Drilling News
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