This is a huge opportunity to take advantage of the Wolfberry Oil Play. With Lynden Energy Corp.’s (LVL) small market cap and big opportunity to exploit the Wolfberry play, this company could really take off once their story becomes known. Even though LVL has a limited land position in the Wolfberry at this time, it’s still a significantly undervalued company in our opinion. With the experience of their operator, CrownQuest, they have the expertise to complete the Wolfberry wells at minimal risk as has been demonstrated by the success from their first three wells.
The appreciation in LVL’s stock price should continue as more and more people learn about the Wolfberry and LVL’s potential.