Forest Oil Extends Senior Notes Exchange Offer

Forest Oil has extended the expiration date for its previously announced exchange offer relating to its outstanding 8½% Senior Notes Due 2014, which commenced on December 8, 2009.

The exchange offer, which was initially scheduled to expire on 5:00 p.m., New York City time on January 12, 2010, has been extended until 5:00 p.m., New York City Time on Wednesday, January 20, 2010. Holders of Notes previously tendered for exchange shall have the right to withdraw tenders of Notes at any time prior to the expiration of the exchange offer. As of January 12, 2010, holders of $599,700,000, or 99.95%, of the outstanding principal amount of Notes have tendered their Notes for exchange.


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