Business News • MarketWire • Goldman, Sachs & Co. Acquires Common Shares of Prairie Provident Resources Inc. as a Result of Business Combination of Lone Pine Resources Canada Inc. and Arsenal Energy Inc.

Goldman, Sachs & Co. Acquires Common Shares of Prairie Provident Resources Inc. as a Result of Business Combination of Lone Pine Resources Canada Inc. and Arsenal Energy Inc.

Goldman, Sachs & Co. Acquires Common Shares of Prairie Provident Resources Inc. as a Result of Business Combination of Lone Pine Resources Canada Inc. and Arsenal Energy Inc.

NEW YORK, NEW YORK--(Marketwired - Sept. 22, 2016) - Goldman, Sachs & Co. ("GS&Co") reported today that it acquired 14,791,375 common shares ("Common Shares") of Prairie Provident Resources Inc. (the "Issuer") as a result of the business combination (the "Arrangement") of Lone Pine Resources Canada Ltd. ("Lone Pine") and Arsenal Energy Inc., such that GS&Co now beneficially owns, controls and directs more than 10% of the outstanding Common Shares of the Issuer.

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