Long Run Exploration Ltd. is pleased to provide an update on the Company's operations, an addition to the Long Run management team, and details of a recently completed resource assessment.

Operational Update

Long Run's current production is approximately 24,250 boe per day, including approximately 10,750 barrels per day of crude oil, 1,550 barrels per day of NGLs, and 71.7 million cubic feet of gas per day, based on field estimates. In May, planned facility maintenance and turnarounds were completed including a major facility turnaround at Kaybob. This facility returned to full operation during the first week of June, per internal forecasts. The Bruderheim South field northeast of Edmonton at Redwater resumed production in mid-June after a third party planned turnaround that lasted one week. These turnarounds were included in production forecasts and Long Run anticipates no additional major impacts to production or to project development plans in key play areas.

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