FOREST OIL CORP
8-K, 1996-02-06
CRUDE PETROLEUM & NATURAL GAS
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               SECURITIES AND EXCHANGE COMMISSION
                                
                                
                     Washington, D. C. 20549
                                
                                
                                
                            FORM 8-K
                                
                                
                                
                         CURRENT REPORT
                                
                                
                                
                  Pursuant to Section 13 of the
                 Securities Exchange Act of 1934
                                
                                
                                
 Date of Report (Date of earliest event reported) - January 31, 1996
                                
                                
                                
                     FOREST OIL CORPORATION
     (Exact name of registrant as specified in its charter)



   New York                  0-4597                 25-0484900
(State or other juris-    (Commission             (IRS Employer
diction of incorporation) file number)         Identification No.)


     2200 Colorado State Bank Building, 1600 Broadway, Denver, CO 80202
               (Address of principal executive offices)       (Zip Code)
                                
                                
      Registrant's telephone number, including area code: (303) 812-1400
                                
                              

Item 5.  Other Events

       For information concerning this item, please refer to
Exhibit 99.1 hereto, which is incorporated herein by reference.

Item 7.  Financial Statements and Exhibits

       (c)  Exhibits

           (99.1)    Forest Oil Corporation press release
       announcing the successful completion of the acquisition
       of ATCOR Resources Ltd. of Calgary.

       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:  February 6, 1996           By: /s/ Daniel L. McNamara
                                       Daniel L. McNamara
                                           Secretary




FOR IMMEDIATE RELEASE

                                
             FOREST OIL COMPLETES ATCOR ACQUISITION
                                

DENVER, COLORADO - February 1, 1996 - Forest Oil Corporation
announced today that the company successfully completed the
acquisition of ATCOR Resources Ltd. of Calgary on January 31,
1996.

ATCOR is a Canadian exploration and production, gas marketing and
processing company.  ATCOR's exploration and production
operations will be operated as a subsidiary of Forest Oil
Corporation and will be renamed Canadian Forest Oil Ltd.  The gas
marketing operation, which sells into Canadian and U. S. markets
and is one of the five largest independent marketing companies in
Canada, will continue to operate independently and will be
renamed Producers Marketing Inc. (trademark "ProMark").

Forest Oil Corporation is engaged in the acquisition,
exploration, development and production of natural gas and crude
oil.  Forest's principal reserves and producing properties are
located in the Gulf of Mexico, Texas and Oklahoma and in Canada.
Forest's common and preferred stocks are traded on the Nasdaq
National Market system under the FOIL and FOILO symbols,
respectively.

February 1, 1996

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