ASX
Office:

Level 27
25 Bligh Street
Sydney NSW 2000
Australia

Tel: (02) 8277 6683
Fax: (02) 9475 0154
E-mail:
lgo@longreachoil.com
Web:
www.longreachoil.com

 
Welcome

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 investment in Starlogik and examining new investment opportunities.

 

 

 

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).

 

INVESTMENT - STARLOGIK

LGO holds 4.98% of Starlogik IP LLC (“Starlogik”), a US company specialising in advanced telecommunications.

Starlogik has invented the first free and profitable cellular offering to deliver an ultra-low cost essential telephony proposition for the developing world. Designed to address the extremely challenging emerging market landscape, Starlogik connects the o3B ("other 3 billion) with zero carrier investment leveraging existing network assets.

Founded on breakthrough advances in signalling and switching Starlogik delivers a universal cloud hosted telecommunication system which works on any network and telephone without change, operating uniquely on the Star (*) key embedded in every phone.

Users simply Star dial to ‘ping’ the established paying base (Prepaid and Postpaid) for call back, seamless reversing the connection and spend in a calling party pays world. Return calls lock in quantum mobile terminating revenue for life, monetizing the single largest untapped market on the planet, the o3B who cannot afford to feed themselves let alone feed a phone.

Starlogik has been recording a global intellectual property portfolio with more than 100 patents in more than 40 jurisdictions. The principal disclosure relates to an advanced method of switching telephony connections when callers have insufficient credit remaining in their account.

Starlogik has successfully completed multiple product and technical due diligence phases at leading carriers across S.E Asian, Indian and African markets.

For further information please contact us on lgo@longreachoil.com or (02) 8277 6683.

 

 

 



News
Notice of Meeting - LGO AGM 2017
Proxy Form 2017
   

Annual Report - 2017

Corporate Governance - 2017

   
s