SAINT HELIER, Jersey, January 28,
2014 /PRNewswire/ --
LONGREACH OIL AND GAS LIMITED (TSX-V: LOI) (the "Company"
or "Longreach") announces the resignation of Jonathan Morley-Kirk from the Board of Directors
(the "Board") as well as from his position as Chief
Financial Officer ("CFO") and Secretary of the Company. The
Board has appointed Martin Arch, who
held the position of controller with Longreach, as the Company's
new CFO and Secretary. Mr. Arch, a Chartered Accountant, is a
Member of the Institute of Chartered Accountants in England and Wales, having qualified with Pawley and Malyon
before joining KPMG. In 2008 he joined Sterling Energy Plc, and
held the role of Group Financial Controller from 2009 - 2011. He
subsequently joined James Walker Group Limited in November 2011, prior to joining Longreach in
September 2013 as the Company
controller.
The Company expects a brief transition period during which Mr.
Arch will assume his new responsibilities. Management extends its
thanks to Mr. Morley-Kirk for his contribution to the Company and
wishes him well in his career.
About Longreach
Longreach Oil and Gas is an independent Canadian oil and gas
company focused on its significant land position in Morocco. The Company has a 50% operated
interest in the Sidi Moktar license area covering 2,683 square
kilometres and is working closely with ONHYM as a committed
long-term partner to unlock the hydrocarbon potential of the
region. Morocco offers a
politically stable environment to work within and has extremely
favourable fiscal terms to energy producers. Longreach Oil and Gas
is a public company listed on the TSX Venture Exchange under the
symbol "LOI".
Neither the 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.
For Further Information on Longreach
Oil & Gas Limited contact:
Dennis A. Sharp, P. Eng.,
Executive Chairman & CEO
Neil Hamzaoui, Commercial Manager
Tel: +44-203-137-7756
Additional information about the Company can be found at
http://www.longreachoilandgas.com and under the Company's SEDAR
profile at http://www.sedar.com.