Feb 19 (Reuters) - Lone Pine Resources Inc:

* Announces non-core asset disposition and fourth quarter & full year 2012

earnings release date

* Unit Lone Pine Resources Canada ltd, agreed with private oil and gas co to

divest some non-core assets in herronton, Alberta

* Says deal for total gross cash proceeds of $14.0 million

* Says net proceeds of the sale will be used by Lone Pine to reduce

indebtedness outstanding

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