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Vol. 10, No. 10 Week of March 06, 2005
Providing coverage of Alaska and northern Canada's oil and gas industry


Forest scoops up Texas property for $230M

Interests acquired in northern Texas Buffalo Wallow field make it company's largest field in terms of value and reserves

Ray Tyson

Petroleum News Houston Correspondent

Once again, Denver-based Forest Oil has jumped into the acquisition market with the $230 million purchase of an undisclosed private company and its interest in the prolific Buffalo Wallow field in northern Texas, bringing Forest’s acquisition total to more than $1 billion since the company reorganiz....

    [additional news subjects in this story]

Investment breaks down to $1.92 per mcf


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