2014 News Releases

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08/11/14Forest Oil Announces Second Quarter 2014 Results
DENVER--(BUSINESS WIRE)--Aug. 11, 2014-- Forest Oil Corporation (NYSE:FST) (Forest or the Company) today announced financial and operational results for the second quarter of 2014. For the three months ended June 30, 2014, Forest reported a net loss of $83 million, or $(0.71) per diluted share, compared to a net loss of $21 million, or $(0.18) per share in the first quarter of 2014. Net loss for the second quarter of 2014 included the foll... 
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07/10/14Forest Oil Announces Agreement with Sabine Oil & Gas to Revise Transaction Structure and Adoption of Shareholder Rights Plan
New structure requires only majority approval Sabine and Forest economic interests post transaction remain 73.5% / 26.5%, respectively Shareholder rights plan adopted to protect interest of Forest shareholders DENVER--(BUSINESS WIRE)--Jul. 10, 2014-- Forest Oil Corporation (NYSE:FST) (“Forest”) today announced that it has reached an agreement with Sabine Oil & Gas LLC (“Sabine Oil & Gas”) to amend their previously announ... 
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05/06/14Sabine Oil & Gas and Forest Oil Announce Definitive Merger Agreement
Complementary acreage positions create an industry leader in East Texas HOUSTON & DENVER--(BUSINESS WIRE)--May 6, 2014-- Sabine Oil & Gas LLC (“Sabine”) and Forest Oil Corporation (NYSE:FST) (”Forest”), today announced the signing of a definitive merger agreement under which Sabine and Forest will combine their businesses in an all-stock transaction. Sabine and Forest’s highly complementary asset portfolios will create one of the industry’s la... 
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05/06/14Forest Oil Announces First Quarter 2014 Results
First Quarter 2014 Average Net Sales Volumes of 105 MMcfe/d (68% Natural Gas, 32% Liquids) Completed Six Eagle Ford Wells with a 30-Day Average Gross Production Rate of 418 Boe/d (93% oil) Eagle Ford Drilling and Completion Costs Averaged Approximately $4.5 Million Per Well in the First Quarter 2014 Completed a Liquids-Rich Cotton Valley Well with a 30-Day Average Gross Production Rate of 7 MMcfe/d; Drilled and Completed fo... 
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04/17/14Forest Oil Announces First Quarter 2014 Earnings Release Date and Teleconference
DENVER--(BUSINESS WIRE)--Apr. 17, 2014-- Forest Oil Corporation (NYSE:FST) (Forest or the Company) announced today that its first quarter 2014 earnings release will be issued after the close of trading on the New York Stock Exchange on Tuesday, May 6, 2014. A conference call is scheduled for Wednesday, May 7, 2014, at 7:00 AM MT to discuss the release. You may access the call by dialing toll free 800.299.9086 (for U.S./Canada) and 617.786.... 
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03/31/14Forest Oil Announces Update to Credit Facility
DENVER--(BUSINESS WIRE)--Mar. 31, 2014-- Forest Oil Corporation (NYSE:FST) (Forest or the Company) today announced that the lenders under the Company’s revolving credit facility have completed their regularly scheduled semi-annual redetermination of the Company’s borrowing base. As part of the redetermination process, Forest and the lenders agreed to amend the facility to provide for, among other things, an increase in the permitted maximu... 
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02/25/14Forest Oil Announces Fourth Quarter and Year-End 2013 Results
Fourth Quarter 2013 Average Net Sales Volumes of 165 MMcfe/d (62% Natural Gas, 38% Liquids) Fourth Quarter 2013 Average Net Sales Volumes of 111 MMcfe/d (68% Natural Gas, 32% Liquids) Pro Forma for Divestitures 2013 Average Oil Net Sales Volumes Increase 55% Compared to 2012 Pro Forma for Divestitures 2013 Average Liquids Net Sales Volumes Increase 41% Compared to 2012 Pro Forma for Divestitures 2013 Estimate... 
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02/04/14Forest Oil Announces Fourth Quarter and Year End 2013 Earnings Release Date and Teleconference
DENVER--(BUSINESS WIRE)--Feb. 4, 2014-- Forest Oil Corporation (NYSE:FST) (Forest or the Company) announced today that its fourth quarter and year end 2013 earnings release will be issued after the close of trading on the New York Stock Exchange on Tuesday, February 25, 2014. A conference call is scheduled for Wednesday, February 26, 2014, at 7:00 AM MT to discuss the release. You may access the call by dialing toll free 800.295.4740 (for ... 
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