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| Longreach Oil Limited: |
9th Floor
82 Elizabeth Street
Sydney NSW Australia |
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| Aims and Objectives |
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The company's current broad objectives are as follows: |
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| 1 |
To create shareholder wealth through capital growth. |
| 2 |
To be a world explorer and a good corporate and world citizen; to play an effective role in exploring and developing oil, natural gas and energy projects in Australia and elsewhere in the world. |
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To take up investment opportunities by acquisitions, joint ventures or mergers with entities having similar objectives. |
| 4 |
To promote free enterprise; to assist the exploration and mining industry in the elimination of impractical regulations and controls which impact on development of essential resources. |
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