August 30, 2011
Q2 2011 Financial Statements
August 30, 2011
Q2 2011 MD&A;
July 25, 2011
Longreach Investor Presentation July 2011

Corporate Governance

The Longreach Board recognises the importance of good corporate governance and is committed to business integrity and high ethical values across the Group’s activities, which it views as an integral part of managing the Group’s business.


The Board sets the Group’s strategic aims, ensuring that the necessary resources are in place to achieve those aims, and reviews management and financial performance. It is accountable to shareholders for the creation and delivery of strong, sustainable financial performance and long-term shareholder value. To achieve this, the Board directs and monitors the Group’s affairs within a framework of controls which enable risk to be assessed and managed effectively through clear procedures, lines of responsibility and delegated authorities. The Board also has responsibility for setting the Group’s core values and standards of business conduct and for ensuring that these, together with the Group’s obligations to its stakeholders, are widely understood throughout the Group.


The Board currently comprises a Executive Chairman, one Executive Director and three independent non-executive Directors. The non-executive Directors bring a broad range of business, commercial and other relevant experience to the Board, which is vital to the management of an expanding international company. Two of the non-executive Directors currently hold senior positions in oil and gas companies or companies with energy interests.


The principle Board Committees are the Audit Committee, the Nominations Committee and the Remuneration Committee.

Queensway House, Hilgrove Street, St Helier, Jersey, Channel Islands, JE1 1ES Webdesign ILD
powered by Proactive Internet

Copyright 2010 Longreach Oil and Gas Ltd. All Rights Reserved