January 24, 2012
LONGREACH OIL AND GAS LIMITEDOperations Update
Zag Licence - Morocco
Longreach Oil and Gas Limited ("Longreach" or
"the Company"), the independent oil and gas company
holding substantial exploration and development licences in
Morocco, is pleased to announce the completion of a 2D
seismic programme on the Zag license.
The programme covered a total of 1,674km of 2D seismic, which
is considerably greater than the 500km required under the
terms of the license. The programme covered a regional grid
of around 10 km spacing over the eastern half of the licence
and is the first of its kind in what the Company believes is
a highly prospective basin.
The key highlights of the programme were: