Tuesday, February 28, 2012

Cabot Gas & Oil To Donate Million + To New Hospital

Marcellus drilling company donates more than $1 million to hospital

DONALD GILLILAND, The Patriot-News By DONALD GILLILAND, The Patriot-News

Cabot Oil & Gas, the company at the center of controversy over drilling for gas in Dimock, announced Tuesday it will be donating more than $1 million to the construction of a new hospital in Susquehanna County.

Cabot is giving the project $1 million and is offering to match other donations up to an additional $1 million, to raise a total of $3 million for the project.

“We are very fortunate to have Cabot so generously providing the leadership and the resources to encourage private investment in our new hospital,” said Rex Catlin, CEO of the Endless Mountain Health System. “Now our medical staff and employees will be in a facility that mirrors their high quality.”

Cabot CEO Dan Dinges said, “Similar to jobs and education, available health care helps define a community. We want to make sure we are investing in all three.”

The project includes a multi-specialty physician suite, a six-bay emergency department with an airborne infection isolation room, cardiac/trauma room and a helipad.

Pennsylvania Department of Environmental Protection fined Cabot more than $240,000 in 2010, saying the company’s faulty well casings allowed natural gas to migrate into local water wells. More...

Ed. Note: Cabot was ordered by PA DEP to pay $12 Million to replace the water to some Dimock residents, but that order was rescinded as the administration in Harrisburg changed from Rendell to Corbett. EPA is now involved in the investigation of the water contamination there.

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