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Press release from Marketwire

Lone Pine Resources Announces Third Quarter Earnings Release Date and Teleconference

Monday, October 17, 2011

Lone Pine Resources Announces Third Quarter Earnings Release Date and Teleconference20:28 EDT Monday, October 17, 2011CALGARY, ALBERTA--(Marketwire - Oct. 17, 2011) - Lone Pine Resources Inc. ("Lone Pine" or the "Company") (NYSE:LPR) (TSX:LPR) has scheduled its third quarter 2011 earnings release to be issued after the close of trading on the New York Stock Exchange and Toronto Stock Exchange on Monday, October 31, 2011. A conference call is scheduled for Tuesday, November 1, 2011, at 1:00 PM MT to discuss the release. To participate, please dial 866-203-3436 (toll-free for North America) or 617-213-8849 and request the Lone Pine teleconference (ID # 51675348) or listen to the webcast on Lone Pine's website at www.lonepineresources.com. A replay will be available from November 1 through November 15, 2011 by dialing 888-286-8010 or 617-801-6888 and entering passcode 70678465. About Lone PineLone 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's common stock trades on the New York Stock Exchange and the Toronto Stock Exchange under the symbol LPR. For more information about Lone Pine, please visit its website at www.lonepineresources.com.FOR FURTHER INFORMATION PLEASE CONTACT: David AndersonLone Pine Resources Inc.President & Chief Executive Officer(403) 292-8000OREd BereznickiLone Pine Resources Inc.Executive Vice President & Chief Financial Officer(403) 292-8000www.lonepineresources.com