Lynden Closes US$25.0 Million Sale of Oil and Gas Properties to Breitburn Energy Partners L.P.
28 Dicembre 2012 - 5:14PM
Marketwired Canada
Lynden Energy Corp. (TSX VENTURE:LVL) 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
FOR FURTHER INFORMATION PLEASE CONTACT:
Lynden Energy Corp.
(604) 629-2991
(604) 602-9311 (FAX)
www.lyndenenergy.com
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