A cobalt-base superalloy with good formability, high strength to 1500°F (816°C), and good oxidation resistance to 2000°F (1093°C). The alloy also has good sulfidation resistance and resistance to wear and galling. The alloy is used in the hot sections of aircraft and land based gas turbines in combustor liners and other applications requiring moderate strength and good oxidation resistance at high temperatures. The alloy can also be used in industrial furnace applications such as muffles/liners in high temperature kilns.