Forest Oil Corporation

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Denver, Colorado-based Forest Oil Corporation (FST) has a pilot Utica shale pilot drilling program consisting of three horizontal wells. According to a February, 2009 report, these were successfully slickwater fraced during the forth quarter of 2008. Each well targeted a different section of the Utica shale and was located in a different geographic location. After undergoing four stage fracs, these three experimental produced between 100 and 800 Mcf/d of natural gas. Forest's 10 year exploration licenses for the property are good until 2016.

Canadian Forest Oil Ltd. (CFOL) is a wholly owned subsidiary of Forest Oil. It has drilled two horizontal wells at St-Francois and St-Louis on the Yamaska Property in the Saint Lawrence Lowlands, Quebec, Canada. Forest's Utica shale program on Yamaska covers approximately 112,000 acres. Gastem and Questerre Energy Corporation are partners in this development.

H. Craig Clark is President and CEO of Forest Oil.

David H. Keyte is Executive Vice President and CFO.

J.C. Ridens is Executive Vice President and COO.