Recent Significant Events Relevant to Lynden Energy

Several recent events relevant to Lynden Energy Corp. have occurred over the past year including nearby land sales and bullish analyses.  We have listed them below.

October 2014 - Cormark Securities increases LVL target price to $2.00
August 2014 - Excellent Seeking Alpha analysis of LVL released
June 2014 - Energy Report mentions Lynden Energy
March 2014 - Torrey Hills Capital issues bullish analysis
March 2014 - Keith Schaefer of Oil and Gas Investment Bulletin issues update
November 2013 - Cormark initiates coverage
October 2013 - Thom Calandra releases bullish analysis
October 2013 - Torrey Hills Capital release article


Recent Deals
9/13, FANG, Midland County, $440.0 M, 12,500 net acres, $35,200/net acre

12/13, QEP, Martin and Andrews Counties, $950.0 M, 26,500 net acres, 6,700 boe/d, $35,849/net acre, $141,791/flowing barrel

12/13, Breitburn, Martin County, $19.3 M, 403 net acres, $47,891/net acre

1/14, ATHL, Northern Midland Basin, $85.0M, 5,645 net acres, 750 boe/d, $15,058/net acre, $113,333/flowing barrel

2/14, FANG, Martin County, $174.0 M, 2,825 net acres, 1,600 boe/d, $61,593/net acre, $108,750/flowing barrel

4/14, Crude Energy, Sterling County, 1,840 net acres                      

4/14, ATHL, Martin, Upton, Andrews and Glasscock Counties, $873.0 M, 23,500 net acres, 4,800 boe/d, $37,149/net acre, $181,875/flowing barrel

7/14, FANG, Midland and Glasscock Counties, $538.0 M, 13,136 net acres, 2,173 boe/d, $40,956/net acre, $247,584/flowing barrel

7/14, RSPP, Glasscock County, $259.0 M, 6,652 net acres, 1,106 boe/d, $38,936/net acre, $234,177/boe/d

8/14, ATHL, Martin, Midland and Glasscock Counties, $382.0 M, 6,450 net acres, 3,000 boe/d, $59,225/net acre, $127,333/flowing barrel

8/14, PE, Reagan County, $252.0 M, 5,472 net acres, 1,800 boe/d, $46,053/net acre, $140,000/flowing barrel

9/14, CPE, Midland, Andrews, Martin and Ector Counties, $205.0 M, 3,862 net acres, 1,465 boe/d, $53,081/net acre, $139,932/flowing barrel

9/14, ECA, Martin, Howard, Midland and Glasscock Counties, $7,100.0 M, 140,000 net acres, 30,000 boe/d, $50,714/net acre, $236,667/flowing barrel

10/14, KKR, Midland and Ector Counties, $350.0 M, 7,200 net acres, $48,611/net acre    

Averages, $43,870/net acre and $167,144/flowing barrel.
LVL has 5,883 net acres in Glasscock, Howard, Martin and Midland Counties.
5,883 net acres at $43,870/acre = $258 million (US$)
143.4 million shares fully diluted = $1.80/share (US$)