People
Forest Oil Names New President and Chief Executive Officer
Print
|
Forest Oil Corporation announced that the Company’s Board of Directors has completed its executive search process and named Patrick R. McDonald as President and Chief Executive Officer, effective immediately. Mr. McDonald has served as Interim Chief Executive Officer since June 21, 2012.
James D. Lightner, Chairman of the Board of Directors, stated, “We are pleased to announce that, after an extensive search process and consultation with our outside advisors, the Board determined that Pat is the best candidate to lead Forest going forward. Pat’s leadership has been instrumental in Forest taking the important initial steps to deleverage and strengthen the balance sheet and he has successfully led the transition to an oil-focused operational strategy. We are thrilled that Pat has agreed to…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
Gulf Coast - South Texas News
An Eagle Ford Team That Cashed Out Is Back for Another Cycle
Houston — January 15, 2026 — Lime Rock Partners, a Houston-based private investment firm specializing in upstream oil and gas, has completed an equity commitment to Athena Energy…
Silver Hill Expands South Texas Footprint with Acquisition of 1776 Energy Assets
Silver Hill Energy Partners has acquired 100 percent of 1776 Energy’s South Texas oil and gas assets, significantly expanding its operated footprint across the Eagle Ford and Austin…
Murphy’s Eagle Ford Keeps Getting Better
Murphy Oil walked into Q3 2025 with a simple message: operations are clicking again, and the company is delivering production and cost performance that gives them flexibility heading…
Baytex Sells Eagle Ford to Re-Weight the Portfolio to Canada
Baytex Energy has announced a major portfolio shift: the Company is divesting its entire U.S. Eagle Ford position for US$2.305 billion in cash to an undisclosed buyer. The…
Chesapeake Energy Q4, Full Year 2022 Results; IDs $1.8B 2023 Capex
Chesapeake Energy Corp. reported fourth quarter and full-year 2022 results and issued 2023 guidance. Fourth Quarter 2022 Highlights: Net cash provided by operating activities of $1,050 million Net…