Forest Oil (FST) says it's paid $66M to increase its acreage position to 68,500 acres for the...

|About: Forest Oil Corporation (FST)|By:, SA News Editor

Forest Oil (FST) says it's paid $66M to increase its acreage position to 68,500 acres for the Wolfbone oil play in Pecos and Reeves Counties, Texas. The Wolfbone acreage increases the company's total Permian Basin acreage position to 126K, providing a significant, concentrated, geographic footprint in the region. Shares -1.6% AH.