Lone Pine Resources Canada Ltd. and Arsenal Energy Inc. Announce Strategic Business Combination
Calgary, Alberta – June 24, 2016 – Lone Pine Resources Canada Ltd. (“Lone Pine”), a privately-held oil and gas exploration and production company based in Calgary, Alberta, and Arsenal Energy Inc. (“Arsenal”) (TSX: AEI) are pleased to announce that they have entered into a definitive agreement (the “Arrangement Agreement”) to effect a business combination by way of a…