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EX-99.1 - EXHIBIT 99.1 - SABINE OIL & GAS CORPa50758049ex99-1.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549


FORM 8-K


CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     Date of report (Date of earliest event reported):  November 25, 2013

FOREST OIL CORPORATION

(Exact name of registrant as specified in its charter)

New York

(State or other jurisdiction of incorporation)

1-13515

25-0484900

(Commission File Number)

 

(IRS Employer Identification No.)

 

707 17th Street, Suite 3600, Denver, Colorado

80202

(Address of principal executive offices)

(Zip Code)

303.812.1400

(Registrant’s telephone number, including area code)

 

(Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Item 7.01.          Regulation FD Disclosure.

          On November 25, 2013, Forest Oil Corporation issued a press release announcing that it has closed on the previously announced sale of its assets located in the Texas Panhandle area.  A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated into this Item 7.01 by reference.  

Item 8.01.          Other Events.

          In connection with the closing of the sale of the assets located in the Texas Panhandle area, the borrowing base under Forest’s credit facility has been reduced to $400 million.

Item 9.01.          Financial Statements and Exhibits.

 

(d)

 

Exhibits.

 
 

Exhibit

Description

 

99.1

Press Release of Forest Oil Corporation dated November 25, 2013.

Page 2


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

FOREST OIL CORPORATION

(Registrant)

 
 
 
 

Dated:

November 25, 2013

By

/s/ Cyrus D. Marter IV

Cyrus D. Marter IV

Senior Vice President, General

Counsel and Secretary

Page 3


INDEX TO EXHIBITS FILED WITH THE CURRENT REPORT ON FORM 8-K

Exhibit

Description

 

99.1

Press Release of Forest Oil Corporation dated November 25, 2013.

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