Mariner’s stock has also started trading under the under the symbol "ME" on the New York Stock Exchange.
The transaction spins-off about 350 billion of Forest’s 1.45 trillion cubic feet of gas equivalent of proven reserves, bringing Mariner's proven volumes up to about 615 Bcf of gas equivalent.
This will increase Mariner’s production from 91 million cubic feet of gas equivalent per day to 319 MMcfd and will add 950,000 acres under lease in the US Gulf, half of which is undeveloped.
The
