Table of Contents Table of Contents 2 List of Tables 4 List of Figures 4 Company Snapshot 7 Key Information 7 Company Overview 7 Lynden Energy Corp., Valuation and Financial Data, 2011-2015 8 Lynden Energy Corp., Share Price Performance, 2011-2015 8 Share Price Performance, 2011-2015 8 Key Valuation Metrics, 2011-2015 9 Lynden Energy Corp., Production and Reserves Trends 10 Total Oil and Gas, Reserves and Production 10 Total Crude Oil and Natural Gas Production and Reserves Trend, 2011-2015 10 Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2011-2015 12 Total Crude Oil and Natural Gas Reserve Changes, 2011-2015 14 Crude Oil/Liquids Production and Reserve 15 Crude Oil/Liquids Production and Reserve Trend, 2011-2015 15 Crude Oil Production and Reserves By Country/Region, 2011-2015 16 Crude Oil/Liquids Reserve Changes, 2011-2015 18 Natural Gas Production and Reserve 19 Natural Gas Production and Reserve Trend, 2011-2015 19 Natural Gas Production and Reserves, By Country/Region, 2011-2015 20 Natural Gas Reserve Changes, 2011-2015 22 Total Crude Oil and Natural Gas Reserves Life Index 23 Total Crude Oil and Natural Gas Reserves Life Index, 2011-2015 23 Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2011-2015 24 Lynden Energy Corp., E&P Costs Trends 26 Allocation of the Upstream Capital Expenditure 26 Upstream Capital Expenditure, 2011-2015 26 Acquisition Costs By Country/Region, 2011-2015 27 Exploration and Development Costs, By Country/Region, 2011-2015 29 Oil and Gas Cost Per boe, US$/boe 31 Oil and Gas Cost Per boe, US$/boe, 2011-2015 31 Oil and Gas Cost Per boe, US$/boe, By Country/Region, 2011-2015 33 Lynden Energy Corp., Reserve Replacement Ratio 35 Oil and Gas Production Replacement Ratio 35 Oil and Gas Production Replacement Ratio, 2011-2015 35 Oil and Gas Production Replacement Ratio, By Country/Region, 2011-2015 37 Lynden Energy Corp., Results of Oil & Gas Operations Trend 41 Oil and Gas Revenue and Expenses 41 Oil and Gas Revenue and Expenses, 2011-2015 41 Oil and Gas Revenue and Expenses, By Country/Region, 2011-2015 42 Oil and Gas Revenue and Expenses, Per boe 46 Oil and Gas Revenue and Expenses, By boe, 2011-2015 46 Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2011-2015 47 Oil and Gas Performance Metrics 51 Lynden Energy Corp., Land Holdings and Well Data 52 Developed and Undeveloped Acreage 52 Gross and Net Developed and Undeveloped Acreage, 2011-2015 52 Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2011-2015 53 Well Statistics 56 Producible Oil and Gas Well, 2011-2015 56 Producible Oil and Gas Well, By Country/Region, 2011-2015 57 Exploration and Development Wells Drilled, 2011-2015 61 Exploration and Development Wells Drilled, By Country/Region, 2011-2015 62 Recent Developments 63 Lynden Energy Corp. - Recent Developments 63 Feb 16, 2016: Lynden Energy Reports Financial Results For The Three And Six Months Ended December 31, 2015 63 Sep 28, 2015: Lynden Energy Reports June 30, 2015 Year-End Financial And Operating Results And Reserves 65 Aug 10, 2015: Lynden's First Two Glasscock County Horizontal Wells Drilled 67 May 13, 2015: Lynden Energy Reports Financial Results For The Nine Months Ended March 31, 2015 67 Feb 17, 2015: Lynden Energy Reports Financial Results For The Six Months Ended December 31, 2014 70 Appendix 73 Methodology 73 Coverage 73 Secondary Research 73 Primary Research 73 Data Information Sources 74 Company Source 74 SEC/Other Regulatory Filings 74 Other Sources 74 Expert Panel Validation 74 Data Definition 74 Oil and Gas Reserves 74 Units of Measure 74 About GlobalData 75 Disclosure 75 Disclaimer 75

List of Tables Table 1: Lynden Energy Corp., Key Facts 7 Table 2: Lynden Energy Corp., Share Price Performance, 2011-2015 8 Table 3: Lynden Energy Corp., Key Valuation Metrics, 2011-2015 9 Table 4: Lynden Energy Corp., Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 10 Table 5: Lynden Energy Corp., Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2011-2015 12 Table 6: Lynden Energy Corp., Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2011-2015 14 Table 7: Lynden Energy Corp., Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 15 Table 8: Lynden Energy Corp., Crude Oil Production and Reserves, By Country/Region, mmbbl, 2011-2015 16 Table 9: Lynden Energy Corp., Crude Oil Reserve Changes, mmbbl, 2011-2015 18 Table 10: Lynden Energy Corp., Natural Gas Production and Reserves Metrics, bcf, 2011-2015 19 Table 11: Lynden Energy Corp., Natural Gas Production and Reserves, By Country/Region, bcf, 2011-2015 20 Table 12: Lynden Energy Corp., Natural Gas Reserve Changes, bcf, 2011-2015 22 Table 13: Lynden Energy Corp., Oil and Gas Reserves Life Index, Years, 2011-2015 23 Table 14: Lynden Energy Corp., Oil and Gas Reserves Life Index, By Country/Region, Years, 2011-2015 25 Table 15: Lynden Energy Corp., Upstream Capital Expenditure, US$ mil, 2011-2015 26 Table 16: Lynden Energy Corp., Proved and Unproved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 27 Table 17: Lynden Energy Corp., Exploration and Development Costs, By Country/Region, US$ mil, 2011-2015 29 Table 18: Lynden Energy Corp., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 31 Table 19: Lynden Energy Corp., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, By Country/Region, 2011-2015 34 Table 20: Lynden Energy Corp., Oil and Gas Production Replacement Ratio, %, 2011-2015 35 Table 21: Lynden Energy Corp., 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2011-2015 39 Table 22: Lynden Energy Corp., Revenue and Expenses, US$ mil, 2011-2015 41 Table 23: Lynden Energy Corp., Revenue and Expenses, By Country/Region, US$ mil, 2011-2015 45 Table 24: Lynden Energy Corp., Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 47 Table 25: Lynden Energy Corp., Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2011-2015 50 Table 26: Lynden Energy Corp., Oil and Gas Performance Metrics, 2011-2015 52 Table 27: Lynden Energy Corp., Land Holdings (Developed and Undeveloped Acreage), Acres, 2011-2015 53 Table 28: Lynden Energy Corp., Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2011-2015 55 Table 29: Lynden Energy Corp., Producible Oil and Gas Wells, 2011-2015 57 Table 30: Lynden Energy Corp., Producible Oil and Gas Wells, By Country/Region, 2011-2015 61 Table 31: Lynden Energy Corp., Exploratory and Developed Wells, 2011-2015 62 List of Figures Figure 1: Lynden Energy Corp., Share Price Performance, CAD/Share, 2011-2015 8 Figure 2: Lynden Energy Corp., Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2011-2015 9 Figure 3: Lynden Energy Corp., Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 10 Figure 4: Lynden Energy Corp., Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2011-2015 12 Figure 5: Lynden Energy Corp., Total Oil & Gas Production, By Country/Region, mmboe, 2011-2015 12 Figure 6: Lynden Energy Corp., Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2015 14 Figure 7: Lynden Energy Corp., Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 15 Figure 8: Lynden Energy Corp., Oil Reserves, End of Period, By Country/Region, mmbbl, 2011-2015 16 Figure 9: Lynden Energy Corp., Oil Production, By Country/Region, mmbbl, 2011-2015 16 Figure 10: Lynden Energy Corp., Crude Oil Reserve Changes, mmbbl, 2015 18 Figure 11: Lynden Energy Corp., Natural Gas Production and Reserves Metrics, bcf, 2011-2015 19 Figure 12: Lynden Energy Corp., Gas Reserves, End of Period, By Country/Region, bcf, 2011-2015 20 Figure 13: Lynden Energy Corp., Gas Production, By Country/Region, bcf, 2011-2015 20 Figure 14: Lynden Energy Corp., Natural Gas Reserve Changes, bcf, 2015 22 Figure 15: Lynden Energy Corp., Oil and Gas Reserves Life Index, Years, 2011-2015 23 Figure 16: Lynden Energy Corp., Gas Reserve Life Index, By Country/Region, Years, 2011-2015 24 Figure 17: Lynden Energy Corp., Oil & Gas Reserve Life Index, By Country/Region, Years, 2011-2015 24 Figure 18: Lynden Energy Corp., Oil Reserve Life Index, By Country/Region, Years, 2011-2015 24 Figure 19: Lynden Energy Corp., Upstream Capital Expenditure, US$ mil, 2011-2015 26 Figure 20: Lynden Energy Corp., Proved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 27 Figure 21: Lynden Energy Corp., Unproved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 27 Figure 22: Lynden Energy Corp., Development Costs, By Country/Region, US$ mil, 2011-2015 29 Figure 23: Lynden Energy Corp., Exploration Costs, By Country/Region, US$ mil, 2011-2015 29 Figure 24: Lynden Energy Corp., 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 31 Figure 25: Lynden Energy Corp., Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 33 Figure 26: Lynden Energy Corp., Oil & Gas Finding Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 33 Figure 27: Lynden Energy Corp., Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 33 Figure 28: Lynden Energy Corp., 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2011-2015 35 Figure 29: Lynden Energy Corp., 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2011-2015 37 Figure 30: Lynden Energy Corp., 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2011-2015 37 Figure 31: Lynden Energy Corp., 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2011-2015 37 Figure 32: Lynden Energy Corp., 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2011-2015 38 Figure 33: Lynden Energy Corp., 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2011-2015 38 Figure 34: Lynden Energy Corp., 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2011-2015 39 Figure 35: Lynden Energy Corp., Revenue and Expenses, US$ mil, 2011-2015 41 Figure 36: Lynden Energy Corp., Depreciation, Depletion and Amortization From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 42 Figure 37: Lynden Energy Corp., Income Tax Provision (Benefit) From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 42 Figure 38: Lynden Energy Corp., Net Income/ Loss From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 42 Figure 39: Lynden Energy Corp., Oil & Gas Revenue, By Country/Region, US$ mil, 2011-2015 43 Figure 40: Lynden Energy Corp., Profit (loss) Before Taxation From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 43 Figure 41: Lynden Energy Corp., Production Costs, By Country/Region, US$ mil, 2011-2015 44 Figure 42: Lynden Energy Corp., Total Expenses From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 44 Figure 43: Lynden Energy Corp., Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 47 Figure 44: Lynden Energy Corp., Income Tax/(Benefit) per boe, By Country/Region, US$/boe, 2011-2015 48 Figure 45: Lynden Energy Corp., Lifting Cost per boe, By Country/Region, US$/boe, 2011-2015 48 Figure 46: Lynden Energy Corp., Annual Net Income per boe, By Country/Region, US$/boe, 2011-2015 48 Figure 47: Lynden Energy Corp., Oil & Gas Revenue per boe, By Country/Region, US$/boe, 2011-2015 49 Figure 48: Lynden Energy Corp., Total DD&A per boe, By Country/Region, US$/boe, 2011-2015 49 Figure 49: Lynden Energy Corp., Total Revenue per boe, By Country/Region, US$/boe, 2011-2015 50 Figure 50: Lynden Energy Corp., Oil and Gas Performance Metrics, 2011-2015 52 Figure 51: Lynden Energy Corp., Land Holdings (Developed and Undeveloped Acreage), Acres, 2011-2015 53 Figure 52: Lynden Energy Corp., Total Gross Undeveloped Acreage, By Country/Region, Acres, 2011-2015 54 Figure 53: Lynden Energy Corp., Total Net Undeveloped Acreage, By Country/Region, Acres, 2011-2015 54 Figure 54: Lynden Energy Corp., Total Gross Developed Acreage, By Country/Region, Acres, 2011-2015 54 Figure 55: Lynden Energy Corp., Total Net Developed Acreage, By Country/Region, Acres, 2011-2015 55 Figure 56: Lynden Energy Corp., Producible Oil and Gas Wells, 2011-2015 57 Figure 57: Lynden Energy Corp., Gross Productive Gas Wells, By Country/Region, Number, 2011-2015 58 Figure 58: Lynden Energy Corp., Gross Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 58 Figure 59: Lynden Energy Corp., Gross Productive Oil Wells, By Country/Region, Number, 2011-2015 58 Figure 60: Lynden Energy Corp., Net/Gross Oil & Gas Ratio, By Country/Region, %, 2011-2015 59 Figure 61: Lynden Energy Corp., Net Productive Gas Wells, By Country/Region, Number, 2011-2015 59 Figure 62: Lynden Energy Corp., Net Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 60 Figure 63: Lynden Energy Corp., Net Productive Oil Wells, By Country/Region, Number, 2011-2015 60 Figure 64: Lynden Energy Corp., Exploratory and Developed Wells, 2011-2015 62