VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 22, 2015) - Lynden Energy Corp. (TSX VENTURE:LVL) reports that its wholly owned subsidiary, Lynden USA Inc., has secured an increase in its borrowing base, from US$37.5 million to US$40.0 million, under its reducing revolving line of credit led by Texas Capital Bank of Dallas, Texas.
Lynden Energy Corp. is in the business of acquiring, exploring and developing petroleum and natural gas rights and properties. The Company has various working interests in the Midland Basin and Eastern Shelf of the Permian Basin, West Texas, USA.
Further information relating to Lynden is also available on its website at www.lyndenenergy.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
(December 22, 2015 - 8:00 AM EST)
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