Unocal pursues Forest for $48 millionFederal 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....
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Changing hands Oil sales insufficient
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