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EXHIBIT 99
CONTACT: STEVE HALVONIK
MEDIA
412-456-3765
PHIL CONTI
FOR IMMEDIATE RELEASE ANALYSTS
412-553-5863
EQUITABLE RESOURCES ANNOUNCES EXECUTIVE APPOINTMENT
PITTSBURGH, PA (August 21) - Equitable Resources (NYSE: EQT) today
announced that its Board of Directors has appointed Philip P. Conti to the
position of Vice President, Finance and Treasurer for Equitable Resources.
Mr. Conti joined Equitable Resources in 1996 as Assistant Treasurer,
Finance. He was later promoted to Director of Planning and Development, and led
Equitable's acquisition of Statoil's Appalachian natural gas business and the
merger of Equitable's Gulf of Mexico exploration and production business into
Westport Resources Corporation. In his new position, Mr. Conti will be
responsible for all the company's Treasury and Investor Relations activities,
while continuing to be responsible for Mergers and Acquisitions. He will
continue to report to David L. Porges, Executive Vice President and Chief
Financial Officer. Mr. Conti's appointment is effective August 21, 2000.
Mr. Conti succeeds Jeffrey C. Swoveland who resigned from the position of
Vice President, Finance and Treasurer after six years with Equitable Resources.
Mr. Swoveland will join BodyMedia, a private Pittsburgh-based technology firm,
as its Chief Financial Officer.
Equitable Resources is an integrated energy company, with emphasis on
Appalachian area natural-gas production, natural-gas transmission and
distribution, and leading-edge energy-management services for customers
throughout the United States. The company also has energy-service management
projects in selected international markets.
Equitable Resources' recent news releases are available free of charge by fax
through Company News on Call At 1-800-758-5804, ext. 289250,
or on the Internet at http://www.eqt.com
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