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Vol. 16, No. 9 Week of February 27, 2011
Providing coverage of Alaska and northern Canada's oil and gas industry


Unocal pursues Forest for $48 million

Federal lawsuit argues Forest obligated to pay operating expenses as ex-owner in Trading Bay properties on Alaska’s Cook Inlet

Wesley Loy

For Petroleum News

Union Oil Company of California is suing Forest Oil Corp. in an Alaska court for $48 million. The case has to do with who’s responsible for the costs of operating the Trading Bay unit, field and production facility on Alaska’s Cook Inlet. In its suit pending in U.S. District Court, Unocal contends t....

    [additional news subjects in this story]

Changing hands

Oil sales insufficient


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