from **hotspots1**, page-16

28 October 2004
e-Lodgement
FOR PUBLIC RELEASE
Manager - Company Announcements
Australian Stock Exchange Limited
20 Bridge Street
Sydney NSW 2000
Dear Madam
Re Drilling of Yellowbank Creek No. 4 Well
This is to advise that a well was spudded in PL18 (Petroleum Lease No.18) in the Surat Basin,
Queensland.
The well is being drilled by Enterprise Energy Ltd on a farm-in with Brisbane Petroleum N L.
Brisbane Petroleum N L is an unlisted public company, which holds a 50% interest in PL18.
Longreach Oil has recently increased its interest in Brisbane Petroleum N L from 19% to 22%.
For and on behalf of
Longreach Oil Limited
B Ganke
-ar/978.108