We are an independent oil and gas exploration, development, and production company with operations in Canada. Our reserves, producing properties and exploration prospects are located in the provinces of Alberta, British Columbia, and Quebec and the Northwest Territories. We were incorporated under the laws of the State of Delaware on September 30, 2010 and, until the completion of our initial public offering on June 1, 2011, we were a wholly owned subsidiary of Forest Oil Corporation. On September 30, 2011, Forest distributed to its stockholders all of the shares of common stock of Lone Pine it owned and, as a result, we became a stand-alone public company. As of December 31, 2012, we had approximately 188 Bcfe of estimated proved reserves, of which approximately 59% were oil and natural gas liquids and approximately 63% were classified as proved developed reserves. As of December 31, 2012, we had approximately 1.2 million gross (0.9 million net) acres of land (approximately 83% of which is undeveloped) and 147 gross (134 net) proved undeveloped drilling locations. Our common stock is listed on the Toronto Stock Exchange under the symbol “LPR”.