UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 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 5, 2007

                             FOREST OIL CORPORATION
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             (Exact name of registrant as specified in its charter)

                                    New York
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                 (State or other jurisdiction of incorporation)

          1-13515                                         25-0484900
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  (Commission File Number)                     (IRS Employer Identification No.)


707 17th Street, Suite 3600, Denver, Colorado                          80202
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         (Address of principal executive offices)                   (Zip Code)

                                  303.812.1400
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              (Registrant's telephone number, including area code)


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          (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

     |_|  Written  communications  pursuant to Rule 425 under the Securities Act
          (17 CFR 230.425)

     |_|  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
          CFR 240.14a-12)

     |_|  Pre-commencement  communications  pursuant to Rule 14d-2(b)  under the
          Exchange Act (17 CFR 240.14d-2(b))

     |_|  Pre-commencement  communications  pursuant to Rule 13e-4(c)  under the
          Exchange Act (17 CFR 240.13e-4(c))




Item 2.02.        Results of Operations and Financial Condition.

                  On November 5, 2007, we issued a press release  announcing our
third quarter 2007 financial and operational results. The press release contains
certain non-GAAP financial  information.  The reconciliation of such information
to GAAP financial measures is included in the release.


Item 7.01.        Regulation FD Disclosure.

                  The  information  set forth  under  Item 2.02 of this  Current
Report on Form 8-K is hereby incorporated in Item 7.01 by reference.

                  The  information  in this Current  Report,  including  Exhibit
99.1, is being  furnished  pursuant to Items 2.02 and 7.01 of Form 8-K and shall
not be deemed "filed" for purposes of Section 18 of the Securities  Exchange Act
of 1934, or otherwise subject to liabilities of that section.


Item 9.01.        Financial Statements and Exhibits.

                  (d) Exhibits.

                  Exhibit          Description
                  -------          -----------

                  99.1             Forest Oil  Corporation  press  release dated
                                   November  5,  2007,   entitled   "Forest  Oil
                                   Announces  Record  Quarter in Sales  Volumes;
                                   Record  Adjusted Net  Earnings,  EBITDA,  and
                                   Discretionary    Cash   Flow;    New   Assets
                                   Outperforming Expectations".




                                   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 6, 2007                  By   /s/ CYRUS D. MARTER IV
                                                ------------------------------
                                                Cyrus D. Marter IV
                                                Vice President, General Counsel
                                                and Secretary




INDEX TO EXHIBITS FILED WITH THE CURRENT REPORT ON FORM 8-K
-----------------------------------------------------------

Exhibit                    Description
-------                    -----------

99.1              Forest Oil  Corporation  press release dated November 5, 2007,
                  entitled   "Forest  Oil  Announces  Record  Quarter  in  Sales
                  Volumes;   Record   Adjusted   Net   Earnings,   EBITDA,   and
                  Discretionary    Cash   Flow;    New   Assets    Outperforming
                  Expectations".