Lane To Step Down As President Of Southwestern Energy Units

(financialwire.net via COMTEX) -- SWN | Quote | Chart | News | PowerRating -- September 4, 2008 (FinancialWire) -- Richard F. Lane plans to step down as executive vice president of Southwestern Energy Co. (NYSE: SWN | Quote | Chart | News | PowerRating) (Current Market Cap: US$11.94 Bil.) and president of the company's exploration and production subsidiaries, Seeco, Inc. and Southwestern Energy Production Co., effective September 3.

Lane will continue his relationship with Southwestern as a consultant to the company through December 31, 2009.

Houston-based Southwestern Energy is an integrated natural gas company whose wholly-owned subsidiaries are engaged in oil and gas exploration and production and natural gas gathering and marketing.

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