Forest sells Alaska assets
California independent Pacific Energy says Cook Inlet will be core area
On May 29, Denver-based Forest Oil announced the sale of its remaining Alaska assets to Pacific Energy Resources for approximately $464 million. Pacific Energy, a new player in the state, told Petroleum News its soon-to-be-acquired Alaska assets will “become a core area” for the Long Beach, Calif.-b....
[additional news subjects in this story]
Plans to pour money into Alaska
Expects to keep most Alaska employees
Corsair a high-priority; will be talking to Escopeta
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $69 per year.
Subscribers log in here to read the entire newspaper (1998 to 06/24/2013)
Print this story | Email it to an associate.
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.petroleumnews.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.