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Blue Chip Growth

Stock Report: () Report Updated: Dec 15, 2014 | Print This Page

Get more stock ratings by Louis Navellier

(LPR)

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Company Profile

Lone Pine Resources Inc. engages in the exploration, development, and production of oil and gas properties in Canada. As of December 31, 2011, the company owned interests in approximately 57,382 net acres in the Evi field located in the Peace River Arch area of northern Alberta; approximately 157,779 net acres in the Deep Basin, including the Narraway/Ojay fields and the Wild River field located in Alberta and British Columbia; approximately 240,320 net acres in the Utica Shale located in Quebec; and approximately 52,995 net acres in the Liard Basin located in the Northwest Territories. It also had approximately 401 billion cubic feet equivalent of estimated proved reserves. In addition, the company had approximately 151 gross proved undeveloped drilling locations; and approximately 1.1 million gross acres of land. Lone Pine Resources Inc. was incorporated in 2010 and is based in Calgary, Canada.

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