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Energy M&A image Energy M&A » By The Online Investor Staff, updated Tue., Aug. 11, 8:04 AM Recent mergers and acquisitions in the Energy M&A category.

Slide #5. Sabine Oil & Gas Forest Oil

Acquirer: Sabine Oil & Gas
Acquiree: Forest Oil (FST)
Details: Sabine Oil & Gas LLC ("Sabine") and Forest Oil Corporation (NYSE:FST) ("Forest"), today announced the signing of a definitive merger agreement under which Sabine and Forest will combine their businesses in an all-stock transaction. Sabine and Forest's highly complementary asset portfolios will create one of the industry's largest East Texas players, benefiting from drilling program optimization and economies of scale. The combination is also strengthened by a sizable collective Eagle Ford position, as well as Granite Wash, Permian and Arkoma positions that provide optionality for development and monetization.



Open the FST Page at The Online Investor »

Company Name: 
Sabine Oil & Gas Corp
Website: 
www.forestoil.com
Sector: 
Oil & Gas Exploration & Production
 

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Hold (1.67 out of 4)
93rd percentile
(ranked higher than approx. 93% of all stocks covered)
Based on Zacks ABR data;
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