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Forest Oil Corporation Shareholder Alert: Bernstein Liebhard LLP Announces Investigation Of Acquisition By Sabine Oil & Gas LLC

  Forest Oil Corporation Shareholder Alert: Bernstein Liebhard LLP Announces
             Investigation Of Acquisition By Sabine Oil & Gas LLC

PR Newswire

NEW YORK, May 6, 2014

NEW YORK, May 6, 2014 /PRNewswire/ --Bernstein Liebhard LLP is investigating
whether the Board of Directors of Forest Oil Corporation ("Forest Oil" or the
"Company") (NYSE: FST) breached its fiduciary duty to its shareholders in
agreeing to sell Forest Oil to Sabine Oil & Gas LLC ("Sabine").

Bernstein Liebhard LLP.

Under the terms of the agreement, Sabine and Forest Oil will combine their
businesses under a newly formed holding company, Sabine Oil & Gas Corporation
("Sabine Oil & Gas"). Forest Oil will merge with a subsidiary of Sabine Oil &
Gas and survive as a subsidiary of Sabine Oil & Gas. As part of the
transaction, each share of Forest Oil common stock will be converted into 0.1
of a share of Sabine Oil & Gas common stock. Concurrent with the merger,
Sabine's parent entity will contribute all of its equity interest in Sabine to
Sabine Oil & Gas, in exchange for which it will receive approximately 33
million shares of Sabine Oil & Gas common stock. The investigation is focused
on the potential unfairness of the price to Forest Oil shareholders and the
process by which the Forest Oil Board of Directors considered and approved the
transaction.

If you are interested in discussing your rights as a Forest Oil stockholder,
with no obligation or cost to you, please contact U. Seth Ottensoser at:

(877) 779-1414
or
Ottensoser@bernlieb.com.

Bernstein Liebhard LLP has pursued hundreds of securities, consumer and
shareholder rights cases and recovered over $3 billion for its clients. It has
been named to The National Law Journal's "Plaintiffs' Hot List" in each of the
last twelve years.

Bernstein Liebhard LLP
10 East 40th Street
New York, New York 10016
(877) 779-1414
www.bernlieb.com

ATTORNEY ADVERTISING. © 2014 Bernstein Liebhard LLP. The law firm responsible
for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New
York, New York 10016, (212) 779-1414. The lawyer responsible for this
advertisement in the State of Connecticut is Michael S. Bigin. Prior results
do not guarantee or predict a similar outcome with respect to any future
matter.

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SOURCE Bernstein Liebhard LLP

Website: http://www.bernlieb.com
 
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