Forest Oil projects up to 15% production increase$424 million in 2003 property acquisitions expected to boost independent’s output to 440-470 million cubic feet a day of gas equivalent Ray Tyson Petroleum News Houston Correspondent
Forest Oil expects to increase oil and gas production 8 to 15 percent in 2004 versus 2003, but warned in a March 16 conference call that this year’s first-quarter output will be at or below the previous quarter due to “excessive” platform downtime in the Gulf of Mexico.
Still, riding high on propert....
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Redoubt produces fourth quarter loss Borrowing base decreased
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