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Forest Oil hasn't gotten lost among the big trees of the oil and gas business as it squeezes hydrocarbons from old forests buried deep underground. The independent exploration and production company explores primarily in Arkansas, Louisiana, Texas, and western Canada and is focusing on building additional reserves in these core areas. It holds substantial acreage in Canada (11% of total reserves). Forest Oil also holds exploration acreage in Italy and South Africa. In 2008 the company reported estimated proved reserves of about 2.7 trillion cu. ft. of natural gas equivalent, of which 75% is natural gas.
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Address: |
707 - 17th St., Ste. 3600
Denver, CO 80202
| | Phone: | 303-812-1400 | | Fax: | 303-812-1602 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2008): | 1647.20 M | | Revenue Growth (1 yr): | 52.00% | | Employees (2008): | 814 | | Employee Growth (1 yr): | 11.80% |
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Key People
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Chairman:
James D. (Jim) Lightner
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President, CEO, and Director:
H. Craig Clark
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EVP and COO:
J. C. Ridens
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