Longreach Oil & Gas Limited: Pre-Admission Announcement

JERSEY, CHANNEL ISLANDS--(Marketwired - Oct 28, 2013) - Longreach Oil & Gas (TSX VENTURE: LOI)

TSX-V: LOI

28 October 2013

LONGREACH OIL AND GAS LIMITED

Longreach Announces Filing of Pre-Admission Announcement for Admission
on AIM

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 it has today filed a pre-admission
announcement regarding the Company's intention to join AIM, a market
operated by London Stock Exchange plc ("AIM").

AIM is the London Stock Exchange's international market for smaller
growing companies. London is a global financial centre, and many
institutional investors based in Europe invest in AIM listed
companies.

Longreach appointed Arden Partners plc as nominated advisor and joint
broker and has also appointed GMP Securities Europe Limited as joint
broker in connection with the admission process.

It is anticipated that Longreach will be admitted to AIM on or around
11 November 2013. A copy of Longreach's pre-admission announcement is
available on the London Stock Exchange website at
 www.londonstockexchange.com .

For Further Information:

Longreach

Andrew Benitz     CEO                +44 20 3137 7756

Pelham Bell Pottinger

Philip Dennis / Rollo Crichton-Stuart +44 207 861 3232

Additional information on Longreach Oil and Gas Limited can be found at
 www.longreachoilandgas.com  or through Longreach's investor relations
agent.

Additional information on Longreach Oil and Gas Limited can also be
found at  www.sedar.com .

Special Note Regarding Forwarding Looking Statements:

This press release contains forward-looking statements. These
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 the Company's anticipated admission to AIM.

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; industry
conditions, including fluctuations in the price of oil and gas,
governmental regulation of the oil and gas industry, including
environmental regulation; fluctuation in foreign exchange or interest
rates; risks inherent in oil and gas operations; political risk,
including geological, technical, drilling and processing problems;
unanticipated operating events which could cause commencement of
drilling and production to be delayed; the need to obtain consents and
approvals from industry partners, regulatory authorities and other
third-parties; stock market volatility and market valuations;
competition for, among other things, capital, acquisitions of reserves,
undeveloped land and skilled personnel; incorrect assessments of the
value of acquisitions or resource estimates; any future 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 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. 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 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.

                    This information is provided by RNS
          The company news service from the London Stock Exchange

END