Lone Pine Resources Inc. has appointed Tim Granger to the position of President & Chief Executive Officer and as a Director of the Company effective April 22, 2013. Mr. Granger joins Lone Pine with more than 28 years of experience in exploitation, production operations and asset management in the oil and gas industry.

Most recently, Mr. Granger served as the Chief Executive Officer and Managing Director of Molopo Energy Limited, an Australian Stock Exchange listed E&P company with assets in Canada and the United States. Prior to joining Molopo Energy Limited in January 2012, Mr. Granger served as the President & Chief Executive Officer and as a Director of Compton Petroleum Corporation, a Toronto Stock Exchange and New York Stock Exchange listed Canadian E&P company from January 2009 to December 2011. Mr. Granger graduated from Carleton University with a Bachelor of Science Degree in Mechanical Engineering.

Patrick R. McDonald, the Chairman of the Board of Directors, stated, "We are very excited to have an experienced leader of Tim's caliber join Lone Pine as our new permanent President & Chief Executive Officer. Tim has a wealth of experience in operations, acquisitions and divestitures and capital markets gained through a diverse set of experiences in the past. These skills will serve him well in his new role as he takes the leadership role in advancing Lone Pine's plan to deleverage our balance sheet and position our portfolio of exciting assets for future growth."

Tags: Lone Pine Resources Inc.