Forest Oil evolves into ‘new’ company

Denver-based independent plans to transfer offshore Gulf operations to deepwater explorer Mariner Energy, focus on onshore

By Ray Tyson

Petroleum News Contributing Writer

Exploration and production independent Forest Oil, wanting to concentrate more on its North American onshore assets, has agreed to a complex stock deal that essentially would turn management of its Gulf of Mexico oil and gas properties over to a smaller but evidently more capable offshore operator,....

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