Forest Oil Announces Fourth Quarter and Year End 2012 Earnings Release Date and Teleconference

Forest Oil Corporation (NYSE:FST) (Forest or the Company) announced
today that its fourth quarter and year end 2012 earnings release will be
issued after the close of trading on the New York Stock Exchange on
Wednesday, February 20, 2013.

A conference call is scheduled for Thursday, February 21, 2013, at 9:00
AM MT to discuss the release. You may access the call by dialing toll
free 866.356.3095 (for U.S./Canada) and 617.597.5391 (for International)
and request the Forest Oil teleconference (ID # 18661304). The
conference call will also be webcast live on the Internet and can be
accessed by going to the 'Investor Relations? section of Forest Oil′s
website at www.forestoil.com.
A Q&A period will follow.

A replay of the conference call will be available through March 7, 2013.
You may access the replay by dialing toll free 888.286.8010 (for
U.S./Canada) or 617.801.6888 (for International), conference ID #
57791293. An archive of the conference call webcast will also be
available at www.forestoil.com
in the 'Investor Relations? section of the website.

Forest Oil Corporation is engaged in the acquisition, exploration,
development, and production of natural gas and liquids in the United
States and selected international locations. Forest's principal reserves
and producing properties are located in the United States in Arkansas,
Louisiana, Oklahoma, Texas, Utah, and Wyoming. 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.

January 31, 2013

Forest Oil Corporation

Larry C. Busnardo, 303-812-1441

Director,
Investor Relations