Forest Oil Announces Fourth Quarter and Year-End 2011 Results

Fourth Quarter 2011 Net Sales Volumes of 342 MMcfe/d; 6% Sequential Organic Growth Fourth Quarter 2011 Liquids Net Sales Volumes of 17.3 MBbls/d; 20% Sequential Organic Growth Completed Five Horizontal Granite Wash Wells with an Average 24-Hour Initial Production Rate … Continued

East Texas/ North Louisiana Fourth Quarter 2011 Operational Results

Forest holds approximately 168,000 gross acres (125,000 net) in the East Texas / North Louisiana area. The area provides horizontal drilling opportunities targeting multi-pay natural gas and oil and natural gas liquids intervals. Since Forest’s last earnings release, Forest completed … Continued

Eagle Ford Shale Fourth Quarter 2011 Operational Results

Forest holds approximately 112,000 gross acres (103,000 net) in the Eagle Ford Shale play. The reduction from 128,000 gross acres (118,000 net) is a result of allowing non held-by-production acreage in Lee County to expire, but Forest’s core acreage position in Gonzales and Wilson Counties of 101,000 … Continued

Texas Panhandle Fourth Quarter 2011 Operational Results

Forest holds approximately 180,000 gross acres (109,000 net) in the Texas Panhandle. The area provides horizontal drilling opportunities targeting multiple liquids-rich Granite Wash intervals as well as other multi-pay objectives, including uphole oil zones. During 2011, Forest tested six prospective … Continued

Forest Oil Announces Significant Wolfbone Oil Expansion in the Permian Basin

DENVER–(BUSINESS WIRE)–Feb. 16, 2012– Forest Oil Corporation (NYSE:FST) (Forest or the Company) today announced its acreage position of 68,500 gross acres (63,000 net) prospective for the Wolfbone oil play in Pecos and Reeves Counties, Texas. The Wolfbone acreage increases Forest’s … Continued