Pioneer has experienced a recent runup in their stock price likely due to their horizontal success in the Permian. Pioneer's Mabee K #1H and DL Hutt C #1H wells are both very close to Lynden's West Martin acreage. This should help attract interest in Lynden's land.
Babybulls has issued a post about Lynden. The article is very bullish. We will post a link to this soon.
A 2.5 million share block traded today. It is possibly another purchase by JVL. JVL is a well known energy investor and obviously through his due diligence, he sees a lot of value in Lynden. If this is indeed another purchase by JVL, then they are approaching a 25% ownership stake.
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