Forest Oil is selling assets in the Texas Panhandle for $1 billion to Templar Energy and will focus the company's efforts in the Eagle Ford. The Panhandle assets produced an average of 100 mmcfe/d during the first nine months of 2013.

In the past year, Forest has sold assets in South Texas, the Permian Basin, and the Panhandle to improve the company's balance sheet.

Even the Eagle Ford wasn't immune from the company's plans, Forest sold a 50% interest in the company's acreage to Schlumberger earlier in the year.