Lost Creek Reservoir is stocked with rainbow trout and fishing should be very good. Many more large trout are being stocked in Lost Creek than in past years. Good bets in summer include trolling a wedding ring/worm combination behind an oval egg sinker in the main body of the lake. Upstream of the Highway 62 bridge Lost Creek is generally good for trout in summer using a variety of techniques, plus anglers avoid the speedboaters. Bank anglers can catch fish near the Takelma Ramp, marina, and spillway using spinners, PowerBait, or a nightcrawler below a bobber.

Fishing for smallmouth bass should be good and the largemouth bass population is improving with recent projects by ODFW, local bass clubs and volunteers. The reservoir is 81 percent full, and the surface temperature is 74oF.