Forest Oil Corp. (NYSE:FST) (Forest or the Company) announced today that its third quarter 2013 earnings release will be issued after the close of trading on the New York Stock Exchange on Monday, November 4, 2013. A conference call is scheduled for Tuesday, November 5, 2013, at 7:00 AM MT to discuss the release. You may access the call by [...]
Forest Oil Corp. (NYSE:FST) (Forest or the Company) today announced that it has entered into a definitive agreement to sell to Templar Energy LLC its oil and gas assets located in the Texas Panhandle Area for $1.0 billion. Le Norman Operating LLC, a wholly-owned subsidiary of Templar, will operate the assets. The transaction is expected to close on [...]
Forest Oil Corp. (NYSE:FST) (Forest or the Company) today announced that it has entered into a definitive agreement with an undisclosed buyer to sell a portion of its largely undeveloped acreage position located in the Permian Basin of West Texas for proceeds of approximately $35 million. The transaction includes approximately 58,200 gross acres [...]
Forest Oil Corp. (NYSE:FST) (Forest or the Company) today announced financial and operational results for the second quarter of 2013. Forest noted the following results for the three months ended June 30, 2013: Average net sales volumes of 211 MMcfe/d; 41% liquids compared to 37% liquids in the first quarter of 2013, pro forma for divestitures [...]
Forest Oil Corp. (NYSE:FST) (Forest or the Company) today announced an executive personnel change. Mr. Victor A. Wind, currently Forests Senior Vice President, Chief Accounting Officer, Corporate Controller and Treasurer, has been promoted to the position of Executive Vice President, Chief Financial Officer and Treasurer effective August 24 [...]
Forest Oil announced today that its second quarter 2013 earnings release will be issued after the close of trading on the New York Stock Exchange on Tuesday, August 6, 2013. A conference call is scheduled for Wednesday, August 7, 2013, at 7:00 AM MT to discuss the release. You may access the call by dialing toll free 866.318.8618 (for U.S./Canada [...]
Forest Oil announced today that, after receiving unsolicited proposals from third parties interested in acquiring Forest’s oil and gas assets located in the Texas Panhandle, Forest’s Board of Directors has determined that the Company will initiate a marketed process to pursue the sale of such assets. Forest has retained J.P. Morgan Securities LLC [...]
Forest Oil Corporation today announced financial and operational results for the first quarter of 2013. Forest noted the following results for the three months ended March 31, 2013:
Forest Oil announced today that its first quarter 2013 earnings release will be issued after the close of trading on the New York Stock Exchange on Monday, May 6, 2013. A conference call is scheduled for Tuesday, May 7, 2013, at 7:00 AM MT to discuss the release. You may access the call by dialing toll free 877.474.9506 (for U.S./Canada) and [...]