Forest Oil Announces Results of Its Cash Tender Offer for Its 7.50% Senior Notes Due 2020 and Its 7.25% Senior Notes Due 2019

DENVER--(BUSINESS WIRE)--Forest Oil Corporation (NYSE:FST) (Forest or the Company) announced today the results of its previously announced cash tender offer (the “Offer”) to purchase up to $700 million (the “Aggregate Maximum Tender Amount”) aggregate principal amount of its 7.50% Senior Notes due 2020 (the “2020 Notes”) and its 7.25% Senior Notes due 2019 (the “2019 Notes” and, together with the 2020 Notes, the “Notes”). The Notes are subject to purchase in accordance with the Acceptance Priority Level for each series of Notes and proration within the 2019 Notes as described in the Company’s Offer to Purchase dated November 7, 2013.