Forest Oil's Lone Pine Resources Files For Up To $375 Mln IPO

Canadian oil and gas exploration company Lone Pine Resources Inc., a wholly-owned subsidiary of Forest Oil Corp., revealed in a regulatory filing on Monday that it intends to launch an up to $375 million initial public offering of its shares of common stock. Lone Pine plans to apply for listing its shares of common stock on the New York Stock Exchange under the ticker symbol "LPR."
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Source: RTT News