Lone Pine Resources, Inc.(fka LPRIQ)

[Timothy Smith]

Too bad LPR's chance was slim. I like the potential of a bottom forming soon. $2 seems to be the lowest it may be tempted to drop.

Lone Pine Resources Inc. has a Analysts' Rating of 2.20, a Price/Book Value Ratio of 0.46, and a Forward Price/Earnings Ratio of 3.79. The short interest was 1.28% as of 06/27/2012.

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.