Lone Pine Resources: 2011 Estimated Oil and Gas Reserves

Lone Pine Resources Inc. (NYSE:LPR) reported its 2011 estimated proved and probable oil and gas reserves.

As quoted in the press release:

• Total estimated proved plus probable reserves of 112.1 MMboe, a 4% increase from 108.2 MMboe at December 31, 2010

• Total estimated proved plus probable reserves of oil and NGLs of 38.4 MMboe, a 57% increase from 24.4 MMboe at December 31, 2010

Click here to read the Lone Pine Resources Inc. (NYSE:LPR) press release.