Forest scoops up Texas property for $230MInterests 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....
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Investment breaks down to $1.92 per mcf
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