Forest Oil Corp. (NYSE:FST) and Sabine Oil & Gas report that the proposed business combination transaction between Forest and Sabine continues to progress. Forest has set the date for the special meeting of its shareholders to consider and vote on, among other items, the combination between Forest and Sabine as Nov. 20, pending completion of the SEC’s proxy statement review.
Forest shareholders of record as of the close of business on Oct. 3 will be entitled to vote at the special meeting. Additional information concerning the special meeting, including its time and location, will be provided in the Forest definitive proxy statement, which will be mailed promptly to shareholders after it is finalized.
Both Forest and Sabine remain fully committed to completing this transaction in 2014.