Longford Corporation
TSX VENTURE : LFD

June 01, 2006 08:44 ET

Longford Corporation Appoints Niels Gundesen as Executive Vice President and Chief Operating Officer

CALGARY, ALBERTA--(CCNMatthews - June 1, 2006) - Longford Corporation (TSX VENTURE:LFD) is pleased to announce the appointment of Niels Gundesen as Executive Vice President and Chief Operating Officer.

Mr. Gundesen is a petroleum engineer with 28 years of varied experience in Canada and the U.S.A. He was most recently employed by Apache Canada Ltd. as senior engineering advisor. In this capacity he acted as a technical expert and special project manager on Apache's new ventures. He was the reservoir engineer for Apache Canada's Corbett Creek/Barrhead Coal Bed Methane ("CBM") pilot project and also Apache's early CBM project at Nevis. During this period Apache drilled and completed 350 wells and added 50 MMcf/d of CBM gas production.

Mr. David Walters, President and CEO of Longford Corporation comments "Niels is a key addition to the Company as we embark on two major CBM projects in Barrhead, Alberta and Moundville, Alabama. His extensive background with both US and Canadian operations and CBM expertise will prove extremely advantageous as we commence our CBM drilling operations in June."

Mr. Gundesen has extensive experience throughout the Western Canadian basin and has also worked in the McKenzie Valley, East and West Texas, the Gulf coast in Louisiana and Mississippi, the US Rocky Mountains, and internationally in Cuba, the Middle East, China and Ivory Coast.

Prior to Apache, Mr.Gundesen was Vice President of Highridge Exploration, a TSX listed company with operations in the US and Canada. Other previous employers include Union Pacific Resources where he worked in both Canada and the US, D&S Petroleum Consultants and BP Canada. Mr. Gundesen is a member of APEGGA, NAPEGG, SPE, CIM, and CSUG.

Longford Corporation is a Canadian oil and gas exploration company listed on the TSX Venture Exchange under the symbol "LFD". The Company is focused on exploring for and developing North American oil and gas assets and currently has two Coal Bed Methane projects in Barrhead Alberta and Moundville Alabama.

THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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