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Longreach Oil & Gas Moves To Further De-Risk Assets

Andrew Benitz, CEO Longreach Oil & Gas announces a new 2D seismic programme will help the company to further de-risk as it moves towards the drilling planned for early 2013. Andrew also says that it enables the company to turn other leads into new targets.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.