| Business Summary | | Forest
Oil
Corporation
is
an
independent
oil
and
gas
company
engaged
in
the
exploration,
development,
acquisition,
production
and
marketing
of
natural
gas
and
liquids.
Forest
operates
from
production
offices
located
in
Lafayette
and
Metairie,
Louisiana;
Denver,
Colorado;
Anchorage,
Alaska;
and
Calgary,
Alberta.
The
Company
runs
its
international
business,
excluding
Canada,
from
an
office
located
in
Houston,
Texas.
Forest's
estimated
proved
reserves
were
1,380
BCFE
at
December
31,
2000,
of
which
approximately
61%
was
natural
gas. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Forest
Oil
Corporation
is
an
independent
oil
and
gas
company
engaged
in
the
acquisition,
exploration,
development,
production
and
marketing
of
natural
gas
and
liquids.
For
the
six
months
ended
6/30/01,
revenues
rose
72%
to
$643.5
million.
Net
income
applicable
to
Common
and
before
extraordinary
item
totaled
$133.5
million,
up
from
$39.7
million.
Revenues
reflect
higher
product
prices
and
higher
gas
production.
Higher
income
also
reflects
improved
gross
margins. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Robert Boswell, 51 Chairman,
CEO | $867K | -- | David Keyte, 44 CFO,
Exec. VP | 568K | $151K | Newton Wilson III, 50 Sr.
VP - Legal Affairs and Sec. | -- | -- | Gary Carlson, 54 Sr.
VP - Alaska | -- | -- | Forest Dorn, 46 Sr.
VP - Corp. Services | 367K | 258K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|