Forest Oil Announces Pricing of Lone Pine Resources Inc. Initial Public Offering

05/26/11 DENVER--(BUSINESS WIRE)--Forest Oil Corporation (NYSE:FST) (Forest or the Company) today announced the pricing of the initial public offering by Lone Pine Resources Inc. (Lone Pine), a wholly-owned subsidiary of Forest, of 15,000,000 shares of common stock at $13.00 per share. Lone Pine has granted the underwriters a 30-day over-allotment option to purchase up to 2,250,000 additional shares of ...

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Forest Oil Updates Forecast

07/07/11 Forest Oil Corporation provided guidance for the second quarter as well as second half of 2011.

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Forest Oil shares drop; analyst cuts estimates

07/07/11 NEW YORK (MarketWatch) -- Forest Oil Corp. fell 12% to $24.68 on Thursday, after the independent oil and gas producer issued a financial outlook for 2011. Boenning & Scattergood reiterated its outperform rating on Forest Oil but cut its earnings outlook based on the company's lowered production view and the impact of its initial public offering of Lone Pine Resources Inc. , which was completed ...

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