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Bullboard - Stock Discussion Forum 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 Discussion

LYNDEN ENERGY CORP. > Oct 28, 2011
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Post by zadman on Oct 16, 2012 1:06pm

Oct 28, 2011

Above was the date Lynden reported last reserves update.  I can only assume an update is coming, if for no other reason than to keep in good standing with their bank and allow for continued borrowing base increases.

 

We have not heard a peep since late July - should be a material update coming any day including updated production figures, drilling successes, reserve updates etc.  We continue to bump our head against topside resistance but anything good will be the push we need to breakout.  I think its a good time to add and follow the ex Morgan Stanley oil and gas guru who has bought alot at 60 cents or higher.  Just my opinion and two cents. 

 

zad

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