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Vol. 8, No. 37 Week of September 14, 2003
Providing coverage of Alaska and northern Canada's oil and gas industry


New Forest Oil head promises change

Cost discipline, exploration and acquisitions based on cash flow, order of day, Craig Clark tells analysts

Kristen Nelson

Petroleum News Editor-in-Chief

Cost discipline is the name of the game at Forest Oil, says Craig Clark, named president and chief executive officer of the company July 31. The company�s costs have been too high, and its stock price �has been flat � not for two years, not five years, for 10 years,� Clark said at a Lehman....

    [additional news subjects in this story]

Less dependence on frontier exploration

Three types of acquisitions planned

Alaska, international not profitable


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