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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) November 30, 2001
FOREST OIL CORPORATION
(Exact name of registrant as specified in charter)
New York 1-13515 25-0484900
(State or other juris- (Commission (IRS Employer
diction of incorporation) file number) Identification No.)
1600 Broadway, Suite 2200, Denver, CO 80202
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (303) 812-1400
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ITEM 5. OTHER EVENTS.
Forest Oil Corporation announced today that the previously announced
transaction with Unocal Corporation to jointly explore and exploit certain
properties in the central Gulf of Mexico, primarily in the South Marsh Island
and Vermilion areas of the shelf, closed on November 30, 2001. Unocal
acquired a portion of Forest's proved reserve base estimated at about four
percent of estimated proved reserves and five percent of current production.
Previously, in a press release dated November 6, 2001, Forest announced the
proposed transaction with Unocal. Forest received cash proceeds at closing of
approximately $118 million.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS.
(a) Financial Statements.
Not applicable.
(b) Pro Forma Financial Information.
Not applicable.
(c) Exhibits.
Not applicable.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
FOREST OIL CORPORATION
(Registrant)
Dated: November 30, 2001 By /s/ Joan C. Sonnen
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Joan C. Sonnen
Vice President - Controller
And Chief Accounting Officer