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Share Name Share Symbol Market Type
TSXV:LVL TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Lynden Closes US$19.3 Million Sale of Oil and Gas Properties to BreitBurn Energy Partners L.P.

30/12/2013 6:31pm

Marketwired


Lynden Energy Corp. (TSXV:LVL)
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Lynden Closes US$19.3 Million Sale of Oil and Gas Properties to BreitBurn Energy Partners L.P.

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 30, 2013) - Lynden Energy Corp. (TSX-VENTURE:LVL) reports that the Company's wholly owned subsidiary, Lynden USA Inc., has completed the previously reported sale of 12 gross (4.7 net) Wolfberry Project wells and underlying leases covering approximately 1,000 gross acres (403 acres net to Lynden USA) for proceeds of US$19.3 million, subject to customary post-closing adjustments, to BreitBurn Energy Partners L.P. of Los Angeles, California.

ON BEHALF OF THE BOARD OF DIRECTORS

LYNDEN ENERGY CORP.

Colin Watt, President and CEO

Lynden Energy Corp.Colin WattPresident and CEO(604) 629-2991(604) 602-9311www.lyndenenergy.com

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