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): August 7, 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 August 7, 2007, we issued a press release announcing our second quarter
2007 financial and operational results, and guidance for the second half of
2007. The press release is furnished and attached to this Current Report as
Exhibit 99.1. The press release contains certain non-GAAP financial information.
The reconciliation of such information to GAAP financial measures is included in
the press release.

Item 7.01. Regulation FD Disclosure.

     On August 7, 2007, we provided guidance for the second half of 2007. This
information is contained in the press release furnished and attached to this
Current Report on Form 8-K as Exhibit 99.1.

     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 August 7, 2007,
                    entitled "Forest Oil Announces Second Quarter Results and
                    Issues Guidance for the Second Half of 2007".

                                                                          Page 2



                                   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: August 8, 2007                         By /s/ CYRUS D. MARTER IV
                                                 -------------------------------
                                                 Cyrus D. Marter IV
                                                 Vice President, General Counsel
                                                 and Secretary

                                                                          Page 3



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

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

99.1           Forest Oil Corporation press release dated August 7, 2007,
               entitled "Forest Oil Announces Second Quarter Results and Issues
               Guidance for the Second Half of 2007".

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