Forest Oil jumps on Unocal Gulf propertiesAcquisition gives Denver independent 273,000 net acres, 128 offshore blocks Petroleum News
Forest Oil, after spending big bucks on exploring and developing a seriously under performing Redoubt Shoal oil field in Alaska's Cook Inlet, has wasted no time embarking on a new strategy of playing it safer when it comes to building reserves and production.
The Denver-based independent has turned....
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