Wells Fargo Maintains an 'Outperform' on Forest Oil (FST); Positive Announcements All Around
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Forest Oil (FST) to Sell $300M of Senior Unsecured Debt in Private Offering
September 12, 2012 7:48 AM EDTForest Oil Corp. (NYSE: FST) announced that it intends to commence a private offering to eligible purchasers, subject to market and other conditions, of $300 million in aggregate principal amount of senior unsecured notes due 2020 (the Senior Notes). The Senior Notes will be guaranteed by Forest Oil... More
Forest Oil (FST) Boosts H212 Net Sales Outlook 3%; Plans $50M Increase in CapEx
September 12, 2012 7:47 AM EDTForest Oil Corporation (NYSE: FST) announced updated second half 2012 net sales volumes and capital expenditures guidance and provided its current hedge position.
Updated Second Half 2012 Guidance
For the second half of 2012, Forest expects net sales volumes to average approximately 330 340 MMcfe/d (66% natural gas and 34% oil and natural gas liquids). This represents an increase of... More
Forest Oil (FST) Makes Pat McDonald Permanent CEO
September 12, 2012 7:45 AM EDTForest Oil Corp. (NYSE: FST) announced that the Companys Board of Directors has completed its executive search process and named Patrick R. McDonald as President and Chief Executive Officer, effective immediately. Mr. McDonald has served as Interim Chief Executive Officer since June 21, 2012.... More
