2011 News Releases

Keyword Search
 
2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011
DateTitle 
12/12/11Forest Oil Announces 2012 Guidance
Capital Budget of $550 Million to $600 Million Designed to be Near Cash Flow 5% to 6% Annual Organic Net Equivalent Sales Volumes Growth in 2012 Compared to 2011 10% Annual Organic Net Liquids Sales Volumes Growth in 2012 Compared to 2011 DENVER--(BUSINESS WIRE)--Dec. 12, 2011-- Forest Oil Corporation (NYSE:FST) (Forest or the Company) today announced its 2012 capital budget and guidance. Forest’s capital... 
Printer Friendly Version
10/31/11Forest Oil Announces Third Quarter 2011 Results
Completed the spin-off of Lone Pine Resources Net sales volumes decreased 3% sequentially to 323 MMcfe/d due to 10 MMcfe/d of production downtime in the Texas Panhandle associated with third party infrastructure issues Initial results from the horizontal drilling program targeting "oil zones" in the Texas Panhandle exceeded expectations Initial results from the first Eagle Ford Shale well drilled in the uppermost member of the section exceeded expectations Fourth quarter 2011 net sales volum... 
Printer Friendly Version
10/20/11Forest Oil Announces Third Quarter Earnings Release Date and Teleconference
DENVER, Oct 20, 2011 (BUSINESS WIRE) --Forest Oil Corporation (NYSE:FST) (Forest or the Company) has scheduled its third quarter 2011 earnings release to be issued after the close of trading on the New York Stock Exchange on Monday, October 31, 2011. A conference call is scheduled for Tuesday, November 1, 2011, at 12:00 PM MT to discuss the release. You may access the call by dialing toll free 800.399.6298 (for U.S./Canada) and 706.634.0924 (for International... 
Printer Friendly Version
09/30/11Forest Oil Completes Spin-Off of Lone Pine Resources Inc.
DENVER, Sep 30, 2011 (BUSINESS WIRE) -- Forest Oil Corporation (NYSE: FST) (Forest or the Company) today completed the distribution to its shareholders of 70,000,000 shares of common stock of Lone Pine Resources Inc. (NYSE: LPR; TSX: LPR) (Lone Pine) owned by Forest. The distribution by Forest of the special stock dividend was made today (the Distribution Date), in the form of a pro rata common stock dividend to all Forest shareholders of record as of the close of business on September 16, 2... 
Printer Friendly Version
09/19/11Forest Oil Announces Final Distribution Ratio for Special Stock Dividend to Shareholders
DENVER, Sep 19, 2011 (BUSINESS WIRE) --Forest Oil Corporation (NYSE: FST) (Forest or the Company) today announced the final distribution ratio for the special stock dividend to its shareholders of 70,000,000 shares of common stock of Lone Pine Resources Inc. (NYSE: LPR; TSX: LPR) (Lone Pine) owned by Forest of 0.61248511 of a share of Lone Pine common stock for every share of Forest common stock held as of the close of business on September 16, 201... 
Printer Friendly Version
09/06/11Forest Oil Announces Spin-off of Lone Pine Resources Inc. and Special Stock Dividend to Shareholders
DENVER, Sep 06, 2011 (BUSINESS WIRE) --Forest Oil Corporation (NYSE: FST) (Forest or the Company) today announced that its Board of Directors declared a special stock dividend to its shareholders of 70,000,000 shares of common stock of Lone Pine Resources Inc. (NYSE: LPR; TSX: LPR) (Lone Pine) owned by Forest, representing approximately 82% of the outstanding shares of Lone Pine common stock. The distribution by Forest of the special stock dividend wi... 
Printer Friendly Version
08/02/11Forest Oil Announces Second Quarter 2011 Results
DENVER, Aug 02, 2011 (BUSINESS WIRE) -- Forest Oil Corporation (NYSE:FST) (Forest or the Company) today announced financial results for the second quarter of 2011. The financial results include the operations of Forest's Canadian subsidiary, Lone Pine Resources Inc. (Lone Pine) (NYSE: LPR) (TSX: LPR). Pro forma results for the three months ended June 30, 2011 and 2010, excluding the operations of Lone Pine, are also provided to facilitate comparison of Forest's ongoing operations giving effect t... 
Printer Friendly Version
07/15/11Forest Oil Announces Second Quarter Earnings Release Date and Teleconference
DENVER, Jul 15, 2011 (BUSINESS WIRE) --Forest Oil Corporation (NYSE:FST) (Forest or the Company) has scheduled its second quarter 2011 earnings release to be issued after the close of trading on the New York Stock Exchange on Monday, August 1, 2011. A conference call is scheduled for Tuesday, August 2, 2011, at 12:00 PM MT to discuss the release. You may access the call by dialing toll free 800.399.6298 (for U.S./Canada) and 706.634.0924 (for International) a... 
Printer Friendly Version
07/06/11Forest Oil Announces Selected Second Quarter 2011 Operational Results and Financial Estimates and Issues Guidance for the Second Half of 2011
DENVER, Jul 06, 2011 (BUSINESS WIRE) --Forest Oil Corporation (NYSE:FST) (Forest or the Company) today announced second quarter 2011 operational results and financial estimates, and issued guidance for the second half of 2011 without the effect of its Canadian operation, Lone Pine Resources Inc. (TSX: LPR, NYSE: LPR) (Lone Pine). The following are highlights of the second quarter of 2011: Completed the IPO of 17.7% of Lone Pine on ... 
Printer Friendly Version
05/26/11Forest Oil Announces Pricing of Lone Pine Resources Inc. Initial Public Offering
DENVER, May 26, 2011 (BUSINESS WIRE) -- Forest Oil Corporation (NYSE:FST) (Forest or the Company) today announced the pricing of the initial public offering by Lone Pine Resources Inc. (Lone Pine), a wholly-owned subsidiary of Forest, of 15,000,000 shares of common stock at $13.00 per share. Lone Pine has granted the underwriters a 30-day over-allotment option to purchase up to 2,250,000 additional shares of common stock, at the same price per share, to cover over-allotments, if any. The common ... 
Printer Friendly Version
05/11/11Forest Oil Announces Initial Public Offering of Lone Pine Resources Inc.
DENVER, May 11, 2011 (BUSINESS WIRE) -- Forest Oil Corporation (NYSE:FST) (Forest or the Company) today announced that Lone Pine Resources Inc. (Lone Pine), a wholly owned subsidiary of Forest, has commenced an initial public offering of 15,000,000 shares of common stock of Lone Pine, pursuant to a registration statement on Form S-1 (including a U.S. prospectus) previously filed with the U.S. Securities and Exchange Commission (SEC) and a Canadian preliminary prospectus previously filed in each ... 
Printer Friendly Version
05/02/11Forest Oil Announces First Quarter 2011 Results Including the Expansion of Eagle Ford Shale Activity Resulting from Successful Well Results
First Quarter 2011 Net Sales Volumes of 425 MMcfe/d; 6% Organic Growth from First Quarter 2010, Pro Forma for 2010 Divestitures First Quarter 2011 Liquids Net Sales Volumes of 16,500 Bbls/d; 9% Organic Growth from First Quarter 2010, Pro Forma for 2010 Divestitures Four Successful Horizontal Eagle Ford Shale Wells with Average 24-hour Initial Production Rates of 733 Bbls/d; Increased Acreage Position in the Play to 118,000 Gross and 109,000 Net Acres; Planning to Add Third Rig in July of 2011 ... 
Printer Friendly Version
04/21/11Forest Oil Announces First Quarter Earnings Release Date and Teleconference
DENVER, Apr 21, 2011 (BUSINESS WIRE) -- Forest Oil Corporation (NYSE:FST) (Forest or the Company) has scheduled its first quarter 2011 earnings release to be issued after the close of trading on the New York Stock Exchange on Monday, May 2, 2011. A conference call is scheduled for Tuesday, May 3, 2011, at 12:00 PM MT to discuss the release. You may access the call by dialing toll free 800.399.6298 (for U.S./Canada) and 706.634.0924 (for International) and request the Forest Oil teleconference ... 
Printer Friendly Version
03/25/11Forest Oil to Present at Upcoming Investor Event
DENVER, Mar 25, 2011 (BUSINESS WIRE) -- Forest Oil Corporation (NYSE:FST) (Forest or the Company) today announced that H. Craig Clark, President and Chief Executive Officer, will be presenting at the Howard Weil 39th Annual Energy Conference on Monday, March 28, 2011. The presentation slides will be available on the day of presentation on the Company's website at www.forestoil.com. Forest Oil Corporation is engaged in the acquisition, exploration, development, and production of natural gas a... 
Printer Friendly Version
02/22/11Forest Oil Announces Fourth Quarter and Year End 2010 Results Including Significant Organic Production Growth and Attractive Finding and Development Costs
Fourth Quarter 2010 Net Sales Volumes of 472 MMcfe/d; 3% Sequential Organic Growth and 19% Organic Growth from Fourth Quarter 2009, Pro Forma for Divestitures Fourth Quarter 2010 Liquids Net Sales Volumes of 20.8 MBbls/d; 6% Sequential Organic Growth and 47% Organic Growth from Fourth Quarter 2009, Pro Forma for Divestitures Fourth Quarter 2010 Adjusted Free Cash Flow of $40 Million 2010 Drill Bit Reserve Replacement of 209% with Finding and Development Costs of $1.90/Mcfe Participated in Fi... 
Printer Friendly Version
02/01/11Forest Oil Announces Fourth Quarter and Year End 2010 Earnings Release Date and Teleconference
DENVER, Feb 01, 2011 (BUSINESS WIRE) --Forest Oil Corporation (NYSE:FST) (Forest or the Company) has scheduled its fourth quarter and year end 2010 earnings release to be issued before the commencement of trading on the New York Stock Exchange on Tuesday, February 22, 2011. A conference call is scheduled for Tuesday, February 22, 2011, at 12:00 PM MT to discuss the release. You may access the call by dialing toll free 800.399.6298 (for U.S./Canada) an... 
Printer Friendly Version
01/20/11Forest Oil Announces 2011 Guidance
Annual Organic Net Sales Volume Growth of 10% in 2011 Over 2010 Guidance Capital Budget of $600 Million to $650 Million; a 10% Reduction from 2010 Guidance 80% of Capital Budget Allocated to Liquids-Rich Prospects Cash Costs of $2.15 per Mcfe to $2.35 per Mcfe; a 7% Reduction from 2010 Guidance DENVER, Jan 20, 2011 (BUSINESS WIRE) -- Forest Oil Corporation (NYSE:FST) (Forest or the Company) today announced its 2011 capital budget and related guidance. As a result of positive operational mo... 
Printer Friendly Version