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Lone Pine Resources quiet period ends July 5

June 30, 2011
LPR

Lone Pine Resources, a carve-out of Forest Oil's Canadian E&P operations, will see its quiet period end on Tuesday, July 5. On May 25, the company raised $195 million by offering 15 million shares at $13, below the range of $18 to $20. J.P. Morgan, Credit Suisse and TD Securities acted as lead managers on the deal.