Lynden Energy Corp. (TSXV: LVL)
is a Canadian based
oil and gas company with operations
presently concentrated on gas prospects in the Paradox
Basin, Utah.
The Company’s Paradox
Basin Project includes two contiguous oil and gas
prospect areas totalling 1,525,000 acres. Lease
holdings in the prospect areas cover in excess of
126,000 acres.
The operator, a
middle tier Texas-based oil and gas company, is
targeting gas production from shales and other Paradox
Basin lithologies. The operator’s exploitation program
is based on commingling production from multiple zones,
which has been successfully done by other operators in
the Paradox Basin.
Lynden’s mission is
to continue to develop its existing asset base, seek
acquisitions of producing and non-producing properties,
and participate in additional strategic joint ventures.
Management is highly committed to building shareholder
value. |
