LYNDEN ENERGY CORP. V.LVL

Energy Oil & Gas E&P

"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."

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LYNDEN ENERGY CORP. > Martin County/DiamondBack(FANG)

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Comment by perdikaoilgason May 09, 2014 5:01pm

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Post# 22545982

RE:Martin County/DiamondBack(FANG)

I am not saying that LVL.V is expensive but Caza Oil (CAZ.TO) currently produces 1,700 boepd, has ~20 MMboe and has EV only $67 million.

Caza Oil (CAZ.TO) has also ~80% oil and liquids which is more than Lynden's oil/liquids mix.

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