Forest holds approximately 184,000 gross acres (111,000 net) and is currently running 5 rigs in the Texas Panhandle Area. Since Forest’s last earnings release, the Company completed two horizontal Granite Wash wells (94% working interest) that had an average 24-hour … Continued

Forest holds approximately 112,000 gross acres (103,000 net) and is currently running one rig in the oil-bearing section of the Eagle Ford Shale play. Since Forest’s last earnings release, the Company completed three horizontal wells (100% working interest) targeting the … Continued

Forest holds approximately 163,000 gross acres (123,000 net) in the East Texas / North Louisiana Area. Since Forest’s last earnings release, the Company completed one horizontal Cotton Valley well (90% working interest) inEast Texas that had an average 24-hour initial … Continued