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Level 27 |
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Tel: (02) 8277 6683 |
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Longreach Oil Limited (ASX code: LGO) has been an Australian listed Oil and Gas exploration company for more than 50 years (originally listed on the Sydney Stock Exchange in 1954). |
The principal activities of Longreach are managing its existing exploration projects and examining new investment opportunities. |
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QUEENSLAND - ONSHORE SURAT BASIN Petroleum Lease 280 (50% interest) - Surat Basin, Queensland LGO holds a 50% interest in Petroleum Lease 280 in the Surat Basin, Queensland. The Company also has a 20% shareholding in Brisbane Petroleum Limited (BPL), which in turn holds the other 50% interest in P.L. 280. BPL also holds Petroleum Leases 18 and 40. P.L. 280 - which comprises 90 sq. kms (about 22,000 acres) was granted by the Queensland Government on 1 August 2010 for a period of twenty-one years (21 years). |
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For further information please contact us on lgo@longreachoil.com or (02) 8277 6683.
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