KPRC Houston | Sabine Files Bankruptcy in New York as Oil Prices Fall - Bloomberg Business Bloomberg Sabine Oil & Gas Corp., the exploration and production company that merged with Forest Oil Corp. last year, filed for bankruptcy after the price of crude plunged. The company said in a statement that it's discussing a consensual financial restructuring ... Sabine Oil & Gas Files for Bankruptcy - WSJ Sabine Oil & Gas files for bankruptcy | Reuters Sabine sixth U.S. producer to seek bankruptcy protection this year - Fuel Fix |