2008-11-04-2008-11-04-2008-11-04
Transaction Type
Sellers
Buyers
Announce Date
Post Date
Close Date
Estimated Price
$24.0MM
Description
Sold 2.4 million gross undeveloped acres (1.2 million net).
Forest Oil Corp., Denver, (NYSE: FST) reports it sold its undeveloped acreage position in Gabon for $24 million during third-quarter 2008. As of year-end 2007, Forest held 2.4 million gross undeveloped acres (1.2 million net).