LVL

On June 18, 2013, JVL Advisors, LLC ("JVL") in conjunction with its principal
owner, John V. Lovoi, and through funds controlled by one or both of JVL or Mr.
Lovoi, acquired an additional 2,500,000 common shares ("Common Shares") in the
capital of Lynden Energy Corp. ("Lynden") which increased their aggregate
holdings of Lynden to 23,216,100 Common Shares, representing approximately
18.25% of the issued and outstanding Common Shares. The funds also hold common
share purchase warrants ("Warrants") entitling them to purchase an additional
3,571,500 Common Shares, which would bring their ownership of Common Shares to
26,787,600, which would represent 23.48% of the issued and outstanding Common
Shares, assuming that the Warrants held by the funds are exercised and also
assuming that no other convertible securities of Lynden are exercised. The funds
controlled by JVL and/or Mr. Lovoi are Navitas Fund, LP, Luxiver, LP, Asklepios
Energy Fund, LP, Hephaestus Energy Fund, LP, Panakeia Energy Fund, LP, TJS
Energy Fund, LP and Urja, LP. The most recent purchase was made pursuant to the
private agreement exemption under Multilateral Instrument 62-104 - Take-Over
Bids and Issuer Bids.


The address of JVL and Mr. Lovoi is:
10000 Memorial Dr., Suite 550
Houston, Texas 77024

For additional information or for a copy of JVL and Mr. Lovoi's early warning
report please contact Derek Michaelis at JVL at the address above or at (713)
579-2617.


FOR FURTHER INFORMATION PLEASE CONTACT: 
JVL Advisors, LLC
Derek Michaelis
(713) 579-2617

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