Lynden Closes US$25.0 Million Sale of Oil and Gas Properties to Breitburn Energy Partners L.P.
Published : December 28, 2012
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 28, 2012) - Lynden Energy Corp. (News - Market indicators) reports that the Company's wholly owned subsidiary, Lynden USA Inc., has completed the previously reported sale of 16 gross (7.0 net) Wolfberry Project wells and underlying leases covering approximately 1,440 gross acres (630 acres net to Lynden) for proceeds of US$25.0 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

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Lynden Energy Corp.
(604) 629-2991
(604) 602-9311 (FAX)
www.lyndenenergy.com

Lynden Energy Ltd.

CODE : LVL.V
ISIN : CA5512751002
CUSIP : 551281108
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Lynden Energy is a and oil exploration company based in Canada.

Lynden Energy holds various exploration projects in USA.

Its main exploration property is PARADOX BASIN in USA.

Lynden Energy is listed in Canada and in United States of America. Its market capitalisation is CA$ 57.3 millions as of today (US$ 44.4 millions, € 39.3 millions).

Its stock quote reached its lowest recent point on December 21, 2006 at CA$ 0.18, and its highest recent level on July 04, 2008 at CA$ 1.90.

Lynden Energy has 130 200 000 shares outstanding.

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7/13/2011Preliminary Term Sheet With Texas Capital Bank for Credit Fa...
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TSX-V (LVL.V)OTHER OTC (LVLFF)
0.440+0.00%0.722+0.28%
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CA$ 0.440
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- -  0.440 -%
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12,500 -%
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