Longford Energy Inc.
TSX VENTURE : LFD

Longford Energy Inc.

October 07, 2009 07:30 ET

Longford Energy Files Summary of Prospective Resource Estimate on Chia Surkh Block

CALGARY, ALBERTA--(Marketwire - Oct. 7, 2009) - Longford Energy Inc. ("Longford" or "the Company") (TSX VENTURE:LFD) reports that it has filed an executive summary report presenting estimates of the prospective petroleum resources of certain formations in the Chia Surkh field within the Chia Surkh Block, as of September 1, 2009. A complete copy of the summary is available under the profile of the Company on SEDAR at www.sedar.com.

About Longford Energy Inc.

Longford Energy Inc., is a junior Canadian oil and gas exploration and production company. Longford has acquired a significant interest in the Chia Surkh Block Production Sharing Contract in the Kurdistan Region - Iraq. The Block offers both a field development opportunity and multiple exploration prospects.

Regulatory Statements

Except for statements of historical fact relating to the Company, information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the prospective nature of the Block; estimates regarding resources; future oil and gas prices; future development activities and assessments; ability to identify other fields; ability to recover and produce oil; government relations; and the ability to attract financing on acceptable terms. Generally, forward-looking information can be identified by the use of forward looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Information underlying resource estimates includes the assumptions and parameters set out above and the analysis of historical wells and exploration work conducted on the field. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Longford to be materially different from those expressed or implied by such forward-looking information. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Longford does not undertake to update any forward looking information, except in accordance with applicable securities laws.

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