Sabine oil & gas corporation, formerly Forest Oil Corporation (Forest), is an oil and gas company. The Company is engaged in the acquisition, exploration, development and production of oil, natural gas and natural gas liquids in North America. Forest operates in three regions: the Cotton Valley Sand and Haynesville Shale in East Texas, the Eagle Ford Shale in South Texas, the Granite Wash in the Texas Panhandle and the North Louisiana Haynesville, in North Texas. The Company�s Eagle Ford assets are located in Gonzales County in South Texas. The Company has approximately 24,500 net acres in the Eagle Ford Shale area. The Company provides central facility gathering, transportation, gas processing and water handling for its Eagle Ford production. The Company holds an acreage position of 162,000 net acres in the Ark-La-Tex. Approximately 78% of the acreage is held by production, of which 85% is operated by Forest.