SOURCE: Longreach Oil & Gas Limited

December 09, 2013 09:11 ET

Longreach Oil and Gas Limited: Response to Activist Shareholder Announcement

JERSEY, CHANNEL ISLANDS--(Marketwired - Dec 9, 2013) -

 Longreach Oil and Gas Limited
(TSX VENTURE: LOI)

TSX-V : LOI


9th December 2013

                   LONGREACH OIL AND GAS LIMITED

           Response to Activist Shareholder Announcement

LONGREACH OIL AND GAS LIMITED (TSX-V: LOI), an independent oil and gas
company focused on Morocco ("Longreach" or the "Company"), has been
advised that certain shareholders of the Company have announced an
intention to take steps to reconstitute the Board of Directors and
Management team of Longreach. The Company is in the process of
reviewing the announcement with its legal advisors.

Commenting, Andrew Benitz, CEO of Longreach, said:"The Management of
Longreach are executing the Company's work
programme, including the current drilling of the Koba - 1 well, which
continues to progress well and remain committed to maximizing value for
our Shareholders. We will complete a full review of the announcement,
the steps being proposed and the conduct of these shareholders before
we respond."

                                -ENDS-

For Further Information:

Longreach

Andrew Benitz                              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
 www.longreachoilandgas.com 

Additional information on Longreach Oil and Gas Limited can also be
found at  www.sedar.com 


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

END

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