• Sign up for the Daily Digest E-mail
  • Facebook
  • X
  • LinkedIn

BOE Report

Sign up
  • Home
  • StackDX Intel
  • Headlines
    • Latest Headlines
    • Featured Companies
    • Columns
    • Discussions
  • Well Activity
    • Well Licences
    • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts/Data
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
    • Data
      • Canada Oil Market Data
      • Canada NG Market Data
      • USA Market Data
      • Data Downloads
  • Jobs

Lone Pine Resources Completes Restructuring

January 31, 20141:56 PM Marketwired

CALGARY, ALBERTA–(Marketwired – Jan. 31, 2014) – Lone Pine Resources Inc. (“Lone Pine” or the “Company”) today announced the successful completion of its previously announced financial restructuring and its emergence from creditor protection under the Companies’ Creditors Arrangement Act and Chapter 15 of the U.S. Bankruptcy Code. As a result of the restructuring, Lone Pine has reduced its long term debt from approximately Cdn$395 million as of September 25, 2013 to approximately Cdn$90 million at emergence.

In connection with completion of the restructuring, Lone Pine has ceased to be a reporting issuer in Canada, and has filed a Form 15 with the U.S. Securities and Exchange Commission suspending its reporting obligations under the Securities Exchange Act of 1934, as amended.

Lone Pine is a private company engaged in the exploration and development of natural gas and light oil in Canada. Lone Pine’s principal reserves, producing properties and exploration prospects are located in Canada in the provinces of Alberta, British Columbia and Quebec and the Northwest Territories. For more information about Lone Pine, please visit our website at www.lonepineresources.com.
Advisories & Contact

Lone Pine Resources Inc.
Tim Granger
President & Chief Executive Officer
(403) 292-8000

Lone Pine Resources Inc.
Shane Abel
Vice President, Finance & Chief Financial Officer
(403) 292-8000
www.lonepineresources.com

Lone Pine Resources

Follow BOE Report
  • Facebook
  • X
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • European Commission proposes Russian oil price cap 15% below global price
  • US oil/gas rig count down for 11th week to lowest since 2021, Baker Hughes says
  • Taiwan’s CPC Corp eyes US shale gas assets, sources say
  • Saudi Arabia complying fully with voluntary OPEC+ target, energy ministry says
  • US natgas end-of-season storage seen at three-year low in October

Return to Home
Alberta GasMonthly Avg.
CAD/GJ
Market Data by TradingView

    Report Error







    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial Policy
    Resources
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contact
    • Report Error
    BOE Network
    © 2025 Stack Technologies Ltd.