Wheatland

Lynx Energy ULC (“Lynx”) is currently entertaining both cash and non-cash offers for a portion or all of its undeveloped Viking and Mannville Natural Gas rights in the Wheatland Area of Alberta.

Background/Rationale:
Lynx acquired its position through the purchase of a predominantly shallow gas asset in 2017

• ~600 highly contiguous sections
• Low fixed flat rate royalties (5%)
• Offset waiver in effect
• Primary term to Q4 2020
• Commercially minded Lessor
• Ample gathering and processing capacity
• Extensive 2D and 3D seismic coverage
• Top Colorado to base Mannville Group