July 21, 2008

Forest Oil Announces Second Quarter 2008 Earnings Release Date and Teleconference

Forest Oil Corporation (NYSE: FST) has scheduled its second quarter 2008 earnings release to be issued after the close of trading on the New York Stock Exchange on Tuesday, August 5, 2008.

A conference call is scheduled for Wednesday, August 6, 2008, at 12:00 PM MT to discuss the release. You may access the call by dialing toll free 800-399-6298 (for U.S./Canada) and 706-634-0924 (for International) and request the Forest Oil teleconference (ID # 57179626). A Q&A period will follow.

A replay will be available from Wednesday, August 6 through August 13, 2008. You may access the replay by dialing toll free 800-642-1687 (for U.S./Canada) and 706-645-9291 (for International), conference ID # 57179626.

Forest Oil Corporation is engaged in the acquisition, exploration, development, and production of natural gas and liquids in North America and selected international locations. Forest's principal reserves and producing properties are located in the United States in Arkansas, Colorado, Louisiana, New Mexico, Oklahoma, Texas, Utah, and Wyoming, and in Canada. Forest's common stock trades on the New York Stock Exchange under the symbol FST. For more information about Forest, please visit its website at www.forestoil.com.