|
707 - 17th St., Ste. 3600 Denver, CO 80202 CO Tel. 303-812-1400 Fax 303-812-1602 |
Type: Public
On the web:
http://www.forestoil.com
Employees:
681
Employee growth: (3.4%)
Forest Oil hasn't gotten lost among the big trees of the oil and gas business as it squeezes hydrocarbons from old forests buried deep underground. The independent exploration and production company explores primarily in Arkansas, Louisiana, Texas, Utah, and Wyoming, and is focusing on building additional reserves in these core areas. A major player in Canada (until a 2011 restructuring), Forest Oil also holds exploration acreage in Italy and South Africa. In 2010 the company reported estimated proved reserves of more than 2.2 trillion cu. ft. of natural gas equivalent, the bulk of which was natural gas.
Key numbers for fiscal year ending December, 2010:
Sales: $854.8M
One year growth: 11.2%
Net income: $227.5M
Officers:
Chairman: James D. (Jim) Lightner
President, CEO, and Director: H. Craig Clark
EVP and COO: J. C. Ridens
Competitors:
Apache
Chesapeake Energy
Devon Energy
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