Bullboard - Stock Discussion Forum 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. > Quarterly Results Out

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Post by zadman on May 30, 2013 9:00pm

Quarterly Results Out

Disappointing IMO. Flat production, guidance reduction, and more confirmation that their only gear with regards to Mitchell Ranch seems to be neutral. Gonna need another land sale to kick start this thing.

zad

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Comment by Pandora on May 30, 2013 11:46pm

I will just post results here for further comment. Lynden Energy Reports Financial Results for the Nine Months Ended March 31, 2013 Lynden Energy Corp. LVL 5/30/2013 7:00:04 PMLynden Energy Reports Financial Results for the Nine Months Ended March 31, 2013 VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 30, 2013) - Lynden Energy Corp. (TSX VENTURE:LVL) (the "Company" ...more

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Comment by oiler49er on May 31, 2013 5:38am

I think all is well, and just that a couple things are causing some confusion... First, they sold ~200 boe/day (20% of total! so 'flat' means that was replaced) of production as of Dec 1, 2012 and second, they mix the use of 'average production' for a period and target 'exit rate' of production... So, for the Sept'12 qtr, production averaged 980 boe/d, then when they ...more

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