Das Bergbauunternehmen ist seit Dezember 2014 nicht mehr an einer Börse gelistet. Das Delisting von Forest Oil Corp. fand aufgrund einer Übernahme durch Sabine Oil & Gas Corp. statt.
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Wie Sabine Oil & Gas LLC und Forest Oil heute in einer gemeinsamen Pressemitteilung bekannt gaben, haben die beiden Unternehmen eine verbindliche Vereinbarung unterzeichnet, die deren Zusammenschluss vorsieht. Forest Oil ist ein in den USA - vornehmlich in Osttexas - tätiges Unternehmen, das sich auf den Erwerb, die Produktion, die Exploration und [...]
Forest Oil Corp. (OTCQB:FSTO) (which is in the process of changing its name to Sabine Oil & Gas Corporation) announced today that following its recently completed business combination with Sabine Oil & Gas, the common stock of the combined entity will begin trading on the OTCQB marketplace at the open of the market today, December 17, 2014. As [...]
Forest Oil reported today that the New York Stock Exchange notified the Company on November 5, 2014 that it has not met the NYSE's continued listing standard that requires a minimum average closing price of $1.00 per share over 30 consecutive trading days. Under NYSE rules, Forest has six months following receipt of the notification to regain [...]
Forest Oil today announced that its shareholders have approved, by majority vote of the outstanding shares of Forest, all of the proposals that were presented with respect to the previously announced business combination transaction with Sabine Oil & Gas LLC at the Company’s special meeting of shareholders held today. Forest will file the voting [...]
Forest Oil today announced that it has entered into a definitive agreement to sell its natural gas properties located in the Arkoma Basin for after-tax cash proceeds of approximately $185 million. The transaction is expected to close on or before December 15, 2014, with an economic effective date of October 1, 2014, and is subject to customary [...]
Forest Oil today announced financial and operational results for the third quarter of 2014. For the three months ended September 30, 2014, Forest reported a net loss of $106 million, or $(0.90) per diluted share, compared to net earnings of $2 million, or $0.02 per diluted share in the third quarter of 2013. Net loss for the third quarter of 2014 [...]