Forest Oil updates deep shelf discovery results

Forest Oil Corp. has announced the test results for its deep shelf discovery at West Cameron block 112 No. 1. The No. 1 well tested at 15.4 MMcf/d and 322 b/d of condensate with a flowing tubing pressure of 10,475 psi. Initial production is forecasted to be 20-25 MMcfe/d and the well is expected to be placed online in 3Q 2004. Forest drilled the well to a total depth of 15,325 ft. Forest, as operator, has a 55% working interest and Dominion Exploration & Production Inc holds 45%.

03/19/04