Forest Oil and its subsidiaries are engaged in the exploration, acquisition, development, production and marketing of natural gas and crude oil in North America and in selected international locations. Corporate headquarters are located in Denver, Colorado, with principal reserves and producing properties in Arkansas, Louisiana, New Mexico, Oklahoma, Texas, Utah, and Wyoming, and in Canada.

Forest Oil was launched in northwestern Pennsylvania in 1916, incorporated in 1924, and has been publicly held since 1969. The Company operates five distinct geographic Business Units, which include Canada, Eastern, Southern, Western and International.

During our extensive history, Forest has prospered and grown into one of the leading oil and gas exploration and production companies. Our vision to be the best exploration and development company in the oil and gas industry was formulated in our early years, and continues to influence daily operations and goals.

A longstanding tradition of excellence, the priority placed on creating value for shareholders, and the extraordinary talents of our people are responsible for Forest's position as a prominent supplier of North America's energy.

Through strategic acquisitions, success in exploration areas, a reduction in operating expenses and improved efficiency in mature fields, and a highly favorable re-tooling of our debt structure, Forest has achieved a diversified and balanced portfolio. Furthermore, the Forest business model, including performance standards and measurements of success, is designed to facilitate financial stability and continuous growth for our employees and shareholders.