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LYNDEN ENERGY CORP. V.LVL

"Lynden Energy Corp is an oil and natural gas company. The Company is engaged in the acquisition, development, and exploration of oil and natural gas properties. Its projects include Wolfberry and Mitchell Ranch projects in the Permian Basin, West Texas."


TSXV:LVL - Post by User

Comment by Barnett_Veton Jan 05, 2014 10:30pm
202 Views
Post# 22060549

RE:mitchell ranch farm out

RE:mitchell ranch farm outThe farm out agreement was effective sometime in July 2011 and had a 30 month term, and could be extended through continuous development.  To my knowledge CHK hasn't filed any permits recently on the farm out land and they have pretty much abandoned their holdings in the Midland Basin.  So it has either already expired or it will expire sometime this month if they don't drill. 
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