SOURCE: Longreach Oil & Gas Limited

September 19, 2011 02:00 ET

Appointment of Chief Financial Officer

JERSEY, CHANNEL ISLANDS--(Marketwire - Sep 19, 2011) -

September 19, 2011


           Appointment of Chief Financial Officer

                Additional non-Board changes

Longreach Oil and Gas Limited ("Longreach" or "the Company"), the
independent oil and gas company holding substantial exploration and
development leases in Morocco, today announces the appointment of
Jonathan Morley-Kirk, currently a Non-Executive Director, as CFO and
Executive Director. Mr Morley-Kirk is a Fellow of the Institute of
Chartered Accountants in England and Wales with particular
specialisation in emerging market investments and management.

Michal Holub, Longreach's current CFO, will continue with Longreach as
a consultant responsible for the day to day financial administrative

In addition, Jay Bhattacherjee is resigning as VP Operations but will
continue as a consultant on selective technical and operations issues
until year end.

As Longreach continues to develop its' concessions, the Company is
currently in the process of recruiting a Vice President of Exploration.

Commenting, Bryan Benitz, Chairman and CEO of Longreach, said:"We are
delighted that Jonathan will take on the role of CFO at
Longreach. He brings a wealth of financial and oil & gas industry
expertise and we look forward to his ongoing contribution, now in an
executive capacity. "I would also like to thank Jay for his significant
contribution in
helping Longreach to where it is today, namely as a well funded oil and
gas exploration company embarking upon a potentially highly value
accretive work programme in Morocco."

For Further Information:


Bryan Benitz            Chairman & CEO               +44 20 3137 7756

Pelham Bell Pottinger

Mark Antelme / Philip Dennis / Rollo Crichton-Stuart +44 207 861 3232

Additional information on Longreach Oil and Gas Limited can be found at  or through Longreach's investor relations

Additional information on Longreach Oil and Gas Limited can also be
found at 

About Longreach:

Longreach holds varying interests in four exploration licences in
southern onshore and offshore Morocco, totalling approximately 11.8
million acres of exploration acreage, which the Company believes to
represent approximately 15% of the country's total licence area.

On May 26, 2011, Longreach announced that it had entered into a farm-in
agreement with Maghreb Petroleum Exploration S.A. to acquire a 50%
interest in the onshore Sidi Moktar exploration licences; referred to
as Sidi Moktar West, Sidi Moktar South and Sidi Moktar North located in
the Essaouira Basin in Central Morocco (the "Farm-in Agreement").Pursuant
to the Farm-in Agreement, the Company will also become
operator of the Sidi Moktar exploration licences. The Company believes
that the completion of the Farm-in Agreement will be transformational
for Longreach, adding to its existing Morocco focused asset portfolio
and giving the Company operatorship of what it believes to be highly
prospective licences. The Company believes that upon completion of the
Sidi Moktar acquisition, Longreach will move into an even stronger
position in Morocco.

Special Note Regarding Forwarding Looking Statements:

This press release contains forward-looking statements. These
statements relate to future events or the Company's future performance.
All statements other than statements of historical fact are
forward-looking statements. Forward-looking statements are often, but
not always, identified by the use of words such as "may", "will","should",
"expect", "plan", "anticipate", "believe", "estimate","predict", "project",
"potential", "targeting", "intend", "could","might", "continue" or the
negative of these terms or other similar
terms. Forward-looking statements in this press release include, but
are not limited to, statements with respect to the completion of the
Farm-in agreement, the performance characteristics of the Company's oil
and gas properties, and the realization of the anticipated benefits of

Forward-looking statements are only predictions. Forward-looking
statements involve known and unknown risks, uncertainties and other
factors that may cause actual results or events to differ materially
from those anticipated in such forward-looking statements. Some of the
risks and other factors which could cause results to differ materially
from those expressed in the forward-looking statements contained in
this press release include, but are not limited to: risks inherent in
oil and gas operations; political risk, incorrect assessments of the
value of acquisitions or resource estimates; any unanticipated disputes
or deficiencies related to title matters; and risks associated with
operating in and being part of a joint venture.

Although the forward-looking statements contained in this press release
are based upon assumptions which management of the Company believes to
be reasonable, the Company cannot assure that actual results will be
consistent with its expectations and assumptions. Undue reliance
should not be placed on the forward-looking statements contained in
this news release as there can be no assurance that the plans,
intentions or expectations upon which they are based will occur. These
statements speak only as of the date of this press release, and the
Company does not undertake any obligation to publicly update or revise
any forward-looking statements except as expressly required by
applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.

                    This information is provided by RNS
          The company news service from the London Stock Exchange


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