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Forest Oil Corp. Will Merge With Sabine Oil & Gas

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By Darren Barbee, Hart Energy
May 6, 2014

Forest Oil Corp.’s (NYSE: FST) emblematic “yellow dog” derrick lantern, the earliest source of light for night drilling and the longtime symbol of the company, is being shuttered.

Private exploration and production company Sabine Oil & Gas LLC announced with Forest on May 6 that the Denver company’s 98-year history will end later this year when it merges with Houston’s Sabine in the third- or fourth-quarter of 2014.

Under the merger agreement, Sabine and Forest will combine their businesses in an all-stock transaction to create one of the largest East ...


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