Lynden Energy’s Mitchell Ranch Provides Encouraging Results

Lynden Energy (OTC Other: LVLEF; TSX-V: LVL) recently completed a Lower Wolfcamp zone between 4,900 and 5,000 feet, which for the last 8 days since oil production began, has averaged an estimated 84 barrels of oil and 15 mcf of gas per day.  The well has averaged 67 barrels of water per day over the same period and it is estimated that the well still has approximately 58% of the total load from the completion to recover. This is the third oil productive interval in this well.

There is more work to do, but these results indicate that the Company is on the right track and that, with fingers crossed, additional similar good news will be forthcoming. 

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