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Forest Oil Completes Acquisition of Haynesville/Bossier Assets

Forest Oil Corp. Not Disclosed
AnnouncedMay 2, 2008
TypeProperty
LocationHaynesville Shale,Bossier,Haynesville-Bossier-CottonValley
Announced Date
May 02,2008
Effective Date
March 01,2008
Close Date
May 02,2008
Transaction Type
Property
Enterprise Value (EV)($MM)
281




Snapshot
Asset/Basin:
{Ark-La-Tex,Haynesville}
TargetZones:
{"Cotton Valley","Tr
Net Acres
Location
Region
Ark-La-Tex

Country
United States

State
Texas

Play


Production
Production


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

$/Location

Production ($/Mcfe/d)

Transaction Details:  Subscribe to see

Forest Oil Corporation announced that it completed its previously announced acquisition of producing assets, including approximately 69,000 gross acres (47,000 net acres), located primarily in its Ark-La-Tex core areas with Haynesville Shale potential.

The acquisition adds an additional 500 identified drilling locations in East Texas and North Louisiana to the Company's already large drilling inventory in the Ark-La-Tex area. The assets produced approximately 13 MMcfe/d in 2007 and contained an estimated 110 Bcfe of estimated proved reserves.

The cash consideration paid at closing for the oil…

Ark-La-Tex Deal Activity In Last 12 Months



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Oct-23-2025 - - Click here Louisiana  E&P
Jan-11-2024 - - Click here West Virginia  E&P
Dec-15-2023 - - Click here Texas  E&P

Price History



Date Deal Headline Price$/acre
Feb-26-2026 Diversified Energy Extends East Texs Footprint in $245MM Sheridan Deal - -
Apr-01-2025 TG Natural Resources Acquires Interest in Chevron’s Haynesville Asset - -
Dec-15-2023 TG Natural Resources To Acquire backed-Rockcliff Energy II For $2.7 Billion - -