The Wolfberry Post! focuses on recent news and information relevant to the Permian Basin and the Wolfberry and Cline Shale formations in Texas as well as information relating to the oil and gas sector.
Monday, December 23, 2013
Lynden to sell 403 acres to Breitburn for $19.3 million!
Lynden has entered into a deal to sell 403 net acres to Breitburn for $19.3 million (click here). This equals $48k/acre!!!
Lynden Energy Corp. Valuation Analysis (click here) or see 10/31/11 post.
Please feel free to contact us at wolfberrypost@gmail.com. Disclosure: I am long LVLEF. This blog contains stock ideas and information and does not make recommendations. The intent of this blog is to provide information for discussion and informational purposes and should not be considered to be investment advice. Please complete your own due diligence.
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