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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 Wiseeon Apr 01, 2014 11:21pm
294 Views
Post# 22398844

RE:Good News- April 1st

RE:Good News- April 1stAs Keith Schaefer indicated a couple of weeks ago...

There's a couple of things that could happen that would have a big positive impact on Lynden’s share price.  One of them is Chesapeake not drilling a well by March 31, and losing that option.  

Today's good news confirms that Chesapeake has lost it's option, and LVL gets back 34,000 acres at the Mitchell Ranch property in the heart of the Cline Shale in the Permian Basin.
 
Now LVL has several options to significantly increase shareholder value and stock price. 

Wisee




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