Forest announces sale of Alaska assets for approximately $464 million (Scandinavian Oil-Gas Magazine)

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Forest announces sale of Alaska assets for approximately $464 million

Forest Oil Corporation announced a definitive agreement to sell 100% of its Alaskan assets, which includes its wholly-owned subsidiary, Forest Alaska Operating LLC (FAO), to Pacific Energy Resources Ltd. for consideration of approximately $464 million made of up the following components:

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Editor: Michael Rogers
Copyright 1973-2011. Scandinavian Oil-Gas Online. ISSN 1500-709X.
Tel: +47 22 44 72 70, Fax: +47 22 44 72 87

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