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Press release from Business Wire

Lone Pine Announces Second Quarter Earnings Release Date and Teleconference

Friday, July 15, 2011

Lone Pine Announces Second Quarter Earnings Release Date and Teleconference16:05 EDT Friday, July 15, 2011 CALGARY, Alberta (Business Wire) -- Lone Pine Resources Inc. (“Lone Pine” or the “Company”) (NYSE: LPR) (TSX: LPR) has scheduled its second quarter 2011 earnings release to be issued after the close of trading on the New York Stock Exchange on Monday, August 1, 2011. A conference call is scheduled for Tuesday, August 2, 2011, at 1:00 p.m. MT to discuss the release. You may access the call by dialing toll free 800-399-6298 (for U.S./Canada) and 706-634-0924 (for International) and request the Lone Pine teleconference (ID # 84280963). A Q&A period will follow. A replay will be available from Tuesday, August 2 through August 16, 2011. You may access the replay by dialing toll free 855-859-2056 (for U.S./Canada) and 404-537-3406 (for International), conference ID # 84280963. Lone Pine Resources Inc. is engaged in the exploration and development of natural gas and light oil in Canada. Lone Pine's principal reserves, producing properties, and exploration prospects are located in Canada in the provinces of Alberta, British Columbia, and Quebec and the Northwest Territories. Lone Pine Resources Inc.David Anderson, 403-292-8000President & Chief Executive OfficerorEd Bereznicki, 403-292-8000Executive Vice President & Chief Financial Officer