Warning! Javascript is disabled. Please enable javascript for a completly functioning application.

2013
Lone Pine v. Canada Lone Pine Resources Inc. v. Canada (ICSID Case No. UNCT/15/2)
Applicable IIA
Nationality of the parties
Canada
United States of America
Summary of matters at issue
Rights under oil and gas exploration permits held by a wholly-owned Canadian subsidiary.
Claims arising out of the revocation by the Government of Quebec of claimant's permits for petroleum and natural gas exploration in the Utica shale gas basin, including beneath the St. Lawrence River.
Economic sector and subsector
Primary: B - Mining and quarrying
6 - Extraction of crude petroleum and natural gas
Arbitral rules and administering institution
UNCITRAL
ICSID (International Centre for Settlement of Investment Disputes)
Composition of tribunal
Veeder, V. V.
Haigh, D.
Stern, B.
Status/Outcome of original proceedings
Pending
Decisions rendered
None
Amount of compensation
109.80 mln USD
Data not available
IIA breaches alleged/found
Indirect expropriation

Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Full protection and security, or similar
Pending
Follow-on proceedings
None
Link to Italaw's case page