Item 7.01 Regulation FD Disclosure

Previously, Forest Oil Corporation ("Forest") announced the sale of certain operated and non-operated oil and gas properties in the Rockies, including its assets in the Niobrara and San Juan basins and various properties in Wyoming and Utah. On November 25, 2008, Forest announced the closing of the sale, in which Forest received total cash proceeds of approximately $200 million. In addition, Forest announced that its syndicate of banks reaffirmed the company's borrowing base available under its Credit Facility at $1.8 billion after the sale of the assets. Forest also updated its fourth quarter production guidance and its natural gas and oil derivative portfolio. A copy of Forest's current press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

The information included in this Current Report under Item 7.01 and Exhibit 99.1 is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to liabilities of that Section, unless the registrant specifically states that the information is to be considered "filed" under the Exchange Act or incorporates it by reference into a filing under the Exchange Act or the Securities Act.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits Exhibit No. Description 99.1 Forest Oil Corporation press release dated November 25, 2008 entitled "Forest Oil Closes Rockies Divestiture Package; Updates Fourth Quarter 2008 Production Guidance and Derivative Portfolio."

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