Lynden Energy to Spud First Horizontal Well

Lynden Energy Corp. (TSX VENTURE:LVL) (the "Company") reports that it
anticipates spudding its first horizontal well in May on a 1,127 acre lease (the
"Lease") in northern Martin County, West Texas. The well has a targeted lateral
length of approximately 6,200 feet and will be operated by a Midland, Texas
based company (the "Operator"). The well will target the Wolfcamp "B" horizon,
which has been successfully tested in horizontal wells by several companies in
the Midland Basin, including the Operator.


Pursuant to a recently executed purchase and sale agreement with an effective
date of February 1, 2014 between the Company, as seller, and the Operator, as
purchaser, the Company's working interest in the Lease and the five vertical
wells on the Lease has decreased from 30.625% to 20.0%. As a result of prior
Company obligations on the Lease, the Company will be funding 24.375% of the
cost of the initial horizontal well, and subsequent wells, on the Lease. Net
production lost to Lynden from the reduced interest in the wells sold is less
than 10 barrels of oil equivalent per day.


About Lynden

Lynden Energy Corp. is in the business of acquiring, exploring and developing
petroleum and natural gas rights and properties. The Company has various working
interests in the Wolfberry Project and Mitchell Ranch Project, located in the
Permian Basin in West Texas, USA.


NI 51-101 requires that we make the following disclosure: we use oil equivalents
(boe) to express quantities of natural gas and crude oil in a common unit. A
conversion ratio of 6 mcf of natural gas to 1 barrel of oil is used. Boe may be
misleading, particularly if used in isolation. The conversion ratio is based on
an energy equivalency conversion method primarily applicable at the burner tip
and does not represent a value equivalency at the wellhead.


FORWARD-LOOKING STATEMENTS DISCLAIMER: This news release contains
forward-looking statements. The reader is cautioned that assumptions used in the
preparation of such statements, although considered accurate at the time of
preparation, may prove incorrect, and the actual results may vary materially
from the statements made herein. Expectations of spudding its first horizontal
well in May 2014, and expected timelines relating to oil and gas operations, are
subject to the customary risks of the oil and gas industry, and are subject to
the company having sufficient cash to fund the drilling and completion of these
wells. For a more detailed description of these risks, and others, see
http://lyndenenergy.com/risk-factors.


ON BEHALF OF THE BOARD OF DIRECTORS

LYNDEN ENERGY CORP.

Colin Watt, President and CEO

FOR FURTHER INFORMATION PLEASE CONTACT: 
Lynden Energy Corp.
Colin Watt
[phone]
[phone] (FAX)
www.lyndenenergy.com