LVL

Lynden Energy Corp. (TSX VENTURE:LVL) (the "Company") reports that as a result
of the expiry of a term assignment entered into in June 2011, approximately
34,000 leased acres in the Company's Mitchell Ranch Project has been returned to
the Company and its working interest partner, CrownRock L.P.


As a result of the returned acreage, the Company's interest in the Mitchell
Ranch Project has reverted back to the approximately 104,000 acres originally
leased. The Company has a 50% working interest in the Mitchell Ranch Project.
The entire 104,000 acre lease can be held by continuous development every 90
days, with the next well required to be spud prior to mid-June, 2014.


Locations for 4 to 6 vertical wells are currently being finalized for a new well
program to be carried out between June and August 2014. The wells are expected
to be in proximity to the Company's Spade 17 #1 well where several rounds of
completions have been carried out over the past several years.


The new well program will incorporate the results of a recent 3D seismic program
that has identified multiple pay opportunities in the Ellenburger, Mississippian
Chert, Pennsylvanian Limestone, Cline Shale and Wolfcamp. 


About the Mitchell Ranch Project

The Mitchell Ranch Project is located on the Eastern Shelf of the Permian Basin,
West Texas. The project is contained within a historical ranch that lies to the
immediate west of the Jameson oil field and is approximately 10 miles south-east
of the latan oil fields. The Mitchell Ranch Project is focused on
Permo-Pennsylvanian-aged detrital targets where the numerous opportunities
across several pay zones, all of which are shallower than 8,000 feet in drilling
depth.


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.


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 carrying out a 4 to 6 vertical
well program between June and August 2014, and other 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

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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Lynden Energy Corp.
(604) 629-2991
(604) 602-9311 (FAX)
www.lyndenenergy.com

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