Longreach Oil Ltd. (ASX:LGO) sold 1.45% stake in Southern Cross Exploration NL (ASX:SXX) for AUD 0.06 million on July 12, 2013. Under the terms of the sale, Longreach Oil sold 6 million shares of Southern Cross Exploration in the deal. Following the completion of the deal, Longreach Oil holds 144.47 million shares representing 34.89% stake in Southern Cross Exploration.

Longreach Oil Ltd. (ASX:LGO) completed the sale of 1.45% stake in Southern Cross Exploration NL (ASX:SXX) on July 12, 2013.