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Forest Oil Corporation
Raymond James 32nd Annual Institutional Investors Conference
| James D. Lightner | Page 2 of 11 |
February 27, 2015
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Forest Oil Snapshot Market Capitalization: $3.8 Billion (3/3/11) Enterprise Value: $5.5 Billion Evi* Net Acreage: 41,000 12/31/10 Est. Proved Reserves: 2.2 Tcfe R/P Ratio: 14 Years Deep Basin* Net Acreage: 131,000 Potential Locations**: 16,370 (Fully Developed) Net Unrisked Potential**: 18.8 Tcfe East Texas / North Louisiana* Net Acreage: 169,000 2011 Production Guidance: 470 MMcfe/d 2011 Capital Budget: $600 – 650 Million Texas Panhandle* Net Acreage: 101,000 Eagle Ford Shale* Net Acreage: 105,000 2 * As of December 31, 2010 ** As of December 31, 2009 and does not include estimated proved reserves or locations associated with estimated proved reserves Core Gas Areas Core Liquids Areas