Longford Energy Ltd.
TSX VENTURE : LFD

April 15, 2009 09:15 ET

Longford Energy Inc.-Advanced Discussions Regarding PSC Agreement

CALGARY, ALBERTA--(Marketwire - April 15, 2009) - Longford Energy Inc. ("Longford" or "the Company") (TSX VENTURE:LFD) is pleased to announce it is in advanced discussions regarding entry into a Production Sharing Contract ("PSC") for the exploration, development and production of hydrocarbon resources. There can be no assurance that the agreement will be consummated.

About Longford Energy Inc.

Longford Energy Inc. is a junior Canadian oil and gas exploration and production company actively pursuing international crude oil and natural gas opportunities.

Regulatory Statements

Cautionary Note Regarding Forward Looking Statements

Except for statements of historical fact relating to the Company, certain 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 timing and terms of a possible PSC Agreement, government relations, the prospective nature of any block acquired 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. 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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