Lone Pine Resources, Inc.(fka LPRIQ)

[BiotechInvestor73]

Key points of Sep 26 BK filing from Lone Pine

As of June 30, 2013, the Debtors had total consolidated liabilities of
Approximately $424 million.

As of today, US$195 million aggregate principal amount of Senior Notes
remain outstanding. In the six months ended June 30, 2013, the Debtors used a portion of the
proceeds from non-core asset sales to repurchase US$5.0 million principal amount of Senior
Notes for US$4.6 million. Elected not to pay semi annual note interest of 10.1 million but reduced the note amount by 5 million.

Credit amount outstanding was 185 million on Aug 2 2013 and now it is 180 million which also got reduced but elected not to pay semi annual note interest of 10.1 million

Restructuring will cancel 100% of common stocks

Last date for submitting objection letter to the Lone Pine BK judge (case no 13-12487) is Oct 15 2013 by 4:00 pm Eastern Time zone.

Address for sending objection is Office of the Clerk of the Bankruptcy Court
824 North Market Street, 3rd Floor, Wilmington, Delaware 19801

There may be one investment fund who may be party to this litigation. This is total rip off
and I can set up conference call to discuss this out.

another note Lone pine conveniently did not mention any current asset value in their filling which is approximately 582 million as of June 30 2013.

Anybody interested in protecting their investment should send email at sashim at yahoo. I will send email conference call invite to genuine lone pine investors.

Website for submitting info: https://sites.google.com/site/lprbankrupctyinfo/home