Longreach Oil & Gas announce that the Company encountered a significant natural gas occurrence in the Koba-1 well. Longreach has a 50% operated interest in the Sidi Moktar license area covering 2,683 square kilometres. Longreach is partnered by ONHYM and MPE (25% carried interest each).
On December 31, 2013, the Company announced that the Koba well had been drilled to a total depth of 3,100 metres and had encountered a gross interval of approximately 45 metres with reservoir potential. Over this section, gas shows of over 10% were encountered throughout the interval with heavier hydrocarbon components of over C5+. The Koba-1 well has now been logged and suspended.