Forest Oil is Slightly Offset Due to Gas Price Volatility
Investing News Network - January 24th, 2012
Zacks reported that Forest Oil Corporation (NYSE:FST) is slightly offset due to gas price volatility inspite of a good portfolio, significant asset base and new production outlook.
Zacks reported that Forest Oil Corporation (NYSE:FST) is slightly offset due to gas price volatility inspite of a good portfolio, significant asset base and new production outlook.
As quoted in the market news:
With an expected ramp-up in production, Forest Oil increased its volume outlook for 2012 by 5% to 6% over 2011 levels to 350-355 million cubic feet equivalent per day (MMcfe/d).