Monday, June 9, 2014

New Mention of Lynden Energy

The Energy Report published an article today that mentions Lynden Energy (click here).  About 2/3 of the way into the article, Keith Schaefer mentions that Lynden has three big potential catalysts:
1. Lynden could sell its Wolfberry assets, he mentions a potential $130 million deal.
2. Fang is drilling a horizontal drill on Lynden's assets.
3. Lynden is drilling on Mitchell Ranch and if it hits, "it's a game changer for the company."