Longreach becomes PetroMaroc Corporation plc

Updated corporate presentation posted on new website www.petromaroc.co

CALGARY, July 11, 2014 /CNW/ - LONGREACH OIL AND GAS LIMITED (TSX-V:  LOI) (the "Company") is pleased to announce that it has received the final approval of the TSX Venture Exchange to change the name of the Company to PetroMaroc Corporation plc.

Effective at the opening on Monday, July 14, 2014, the common shares of PetroMaroc Corporation plc will commence trading on the TSX Venture Exchange under the trading symbol "PMA".

About PetroMaroc Corporation plc

PetroMaroc Corporation plc is an independent oil and gas company exploring its significant land position in Morocco. The Company holds a 50 percent operated interest in the Sidi Moktar licence area covering 2,683 square kilometres and is working closely with Morocco's National Office of Hydrocarbons and Mines (ONHYM) as a committed long-term partner to unlock the hydrocarbon potential of the region. Morocco offers a politically stable environment and favourable fiscal terms for energy producers. With offices in Calgary, Canada; London, England; Rabat, Morocco and St. Helier, Jersey, PetroMaroc's shares trade on the TSX Venture Exchange under the symbol PMA.

Additional information about the Company can be found at www.petromaroc.co and under the Company's SEDAR profile at www.sedar.com.

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.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933 (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws, or an exemption from such registration is available.

SOURCE: PetroMaroc Corporation plc

Martin Arch
Chief Financial Officer and Secretary
Tel: [phone]