Each one in plain English, with the numbers worked through for a shareholder.
7 Feb 2012substantial holder notice● Neutral
Artisan Partners Holdings LP, Artisan Investment Corporation, Artisan Partners Limited Partnership, Artisan Investments GP LLC, ZFIC, Inc., Andrew A. Ziegler, Carlene M. Ziegler disclosed a new substantial Lone Pine Resources Inc. shareholding (5.30% of votes).
Lone Pine amended its credit agreement to broaden the definition of senior notes ahead of a planned private placement of senior notes due 2017, and reported 2011 year-end proved reserves. It planned to shift capital to light oil, raising liquids weighting from 21% in 2011 to 35% on average in 2012 and about 40% by year-end.
Owl Creek I, L.P, Owl Creek II, L.P, Owl Creek Overseas Master Fund, Ltd, Owl Creek SRI Master Fund, Ltd, Owl Creek Advisors, LLC, Owl Creek Asset Management, L.P, Jeffrey A. Altman reported a Lone Pine Resources Inc. shareholding of 7,065,604 shares (8.31% of votes) in a periodic institutional filing.
Lone Pine Resources Inc. VP Engineering & Exploitation Shona F. Mackenzie received 55,106 shares and a 42,036-share option grant as part of the equity award.
Lone Pine Resources Inc. V.P., General Counsel & Sec. Charles R Kraus received 50,337 shares and a 38,398-share option grant as part of the equity award.
Lone Pine switched its auditor from Ernst & Young's U.S. practice to E&Y's Canadian practice -- a purely administrative move reflecting its Calgary headquarters, not a disagreement.
Owl Creek I, L.P, Owl Creek II, L.P, Owl Creek Overseas Master Fund, Ltd, Owl Creek SRI Master Fund, Ltd, Owl Creek Advisors, LLC, Owl Creek Asset Management, L.P, Jeffrey A. Altman disclosed a new substantial Lone Pine Resources Inc. shareholding (5.81% of votes).
Forest Oil Corporation I.D. No reported a Lone Pine Resources Inc. shareholding of 70,000,000 shares (82.30% of votes) in a periodic institutional filing.