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Stock Market & Financial Investment News

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November 15, 2012
16:55 EDTLPRLone Pine Resources submits NAFTA notice regarding Quebec mining rights
Lone Pine Resources confirms that it has filed a notice of intent to submit a claim to arbitration under the North American Free Trade Agreement in response to the expropriation without compensation of certain of the company's oil and gas mining rights in the Saint Lawrence Valley in Quebec. Lone Pine has filed this notice as part of the dispute resolution mechanism available under NAFTA and intends to submit the claim to arbitration at the appropriate time pursuant to the relevant NAFTA provisions, should the matter not be resolved by that date.
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