Longreach Oil and Gas Limited - Drilling Commences on Kamar-1 Well at Sidi Moktar

Longreach Oil and Gas Limited - Drilling Commences on Kamar-1 Well at Sidi 
Moktar 
SAINT HELIER, Jersey, March 21, 2014 /CNW/ - LONGREACH OIL AND GAS LIMITED 
(TSX-V: LOI) (the "Company" or "Longreach"), an independent oil and gas 
company focused on Morocco, is pleased to announce that the onshore drilling 
of the Kamar-1 well on the Company's operated Sidi Moktar exploration licence 
area in Morocco has now commenced, using the Saipem Drillmec Mas 7000 rig. 
The Kamar-1 well has a planned Total Depth of 3,500m and operations are 
anticipated to take approximately 70 days. The Kamar prospect is targeting a 
Lower Liassic reservoir and Triassic clastic reservoirs. 
Longreach is the operator with a 50% interest in the exploration license at 
the Sidi Moktar onshore license area, alongside its partners ONHYM and MPE, 
each with a 25% carried interest. 
About Longreach 
Longreach is an independent 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 kilometeres 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 is a public company listed on the TSX Venture Exchange under the 
symbol "LOI". 
Additional information about the Company can be found at 
www.longreachoilandgas.com and under the Company's SEDAR profile at 
www.sedar.com. 
Special Note Regarding Forward Looking Statements 
This press release contains forward-looking statements. Such forward-looking 
statements relate to future events or the Company's future performance. All 
statements other than statements of historical fact are forward-looking 
statements. Forward-looking statements are often, but not always, identified 
by the use of words such as "may", "will", "should", "expect", "plan", 
"anticipate", "believe", "estimate", "predict", "project", "potential", 
"targeting", "intend", "could", "might", "continue" or the negative of these 
terms or other similar terms. Forward-looking statements in this press release 
include, but are not limited to, statements regarding the anticipated timing 
of the completion of, and the reservoirs targeted by, the drilling of the 
Kamar-1 well. Forward-looking statements are only predictions. Forward-looking 
statements involve known and unknown risks, uncertainties and other factors 
that may cause actual results or events to differ materially from those 
anticipated in such forward-looking statements. Some of the risks and other 
factors which could cause results to differ materially from those expressed in 
the forward-looking statements contained in this press release include, but 
are not limited to: general economic conditions in Canada, the Kingdom of 
Morocco and globally; risks inherent in oil and gas operations; political 
risk, including geological, technical, drilling and processing problems; 
unanticipated operating events which could cause drilling to be delayed; any 
inability to obtain additional funding, when required, on acceptable terms or 
at all; credit risk; changes in legislation; any unanticipated disputes or 
deficiencies related to title matters; dependence on management and key 
personnel; and risks associated with operating in and being part of a joint 
venture. Although the forward-looking statements contained in this press 
release are based upon factors and assumptions which management of the Company 
believes to be reasonable, the Company cannot assure that actual results will 
be consistent with its expectations and assumptions. Material factors and 
assumptions which management of the Company has considered in connection with 
making the forward-looking statements in this press release include that the 
drilling of the Kamar-1 well will be completed as expected without material 
complications. Undue reliance should not be placed on the forward-looking 
statements contained in this news release as there can be no assurance that 
the plans, intentions or expectations upon which they are based will occur. 
These statements speak only as of the date of this press release, and the 
Company does not undertake any obligation to publicly update or revise any 
forward-looking statements except as expressly required by applicable 
securities laws. 
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.
 

SOURCE  Longreach Oil and Gas Limited 
Martin Arch Chief Financial Officer and Secretary Tel: +44 203 137 7756 
march@longreachoilandgas.com 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/March2014/21/c6337.html 
CO: Longreach Oil and Gas Limited
NI: OIL FIELD FIN  
-0- Mar/21/2014 07:00 GMT
 
 
Press spacebar to pause and continue. Press esc to stop.