In 2013, Longreach Oil and Gas Limited successfully advanced its exploration programme completing one promising well and setting the stage for a highly prospective second well currently drilling ahead.

The Company's first exploration well, Koba-1 on its operated Sidi Moktar exploration licence, encountered very encouraging natural gas resource potential that indicated an estimated 45 metres of reservoir potential. Longreach is currently drilling a second exploration well, Kamar-1, on the property and has set casing above the first targeted reservoir.

Tags: Longreach Oil and Gas Limited