Forest Oil (FST) said late Monday it had agreed to sell its natural gas and shale Permian Basin properties to SandRidge Energy (SD) for $800 million, sending its stock up 10% Tuesday.
Ken Sweet, FOXNews: Business
Tue, 12/01/2009 - 3:45pm
Forest Oil (FST) said late Monday it had agreed to sell its natural gas and shale Permian Basin properties to SandRidge Energy (SD) for $800 million, sending its stock up 10% Tuesday.