Forest Oil Commences Public Offering

Forest Oil has commenced a registered underwritten public offering of 12,500,000 shares of its common stock. The underwriters will have a 30-day option to purchase up to 1,875,000 additional shares of its common stock.

Forest intends to use the net proceeds from the offering to repay a portion of the outstanding borrowings under its bank credit facilities.
 

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


Brent Crude Oil : $56.43/BBL 0.40%
Light Crude Oil : $50.55/BBL 0.27%
Natural Gas : $2.95/MMBtu 5.44%
Updated in last 24 hours