Southwestern Energy Company reported the pricing of $1 billion principal amount of 4.10% Senior Notes due 2022. The notes were issued at 99.877% of par to yield 4.115%. Southwestern Energy intends to use a portion of the net proceeds of the offering to repay the amounts outstanding under its revolving credit facility and the remaining net proceeds will be used for general corporate purposes. The offering is scheduled to close on Monday, March 5, 2012 and is subject to customary closing conditions.

The notes will not be registered under the Securities Act of 1933 or the securities laws of any state and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and applicable state securities laws. The notes may be resold by the initial purchasers pursuant to Rule 144A and Regulation S under the Securities Act. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state.

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